U.S. Weighs Prize Law for Seized Iranian Oil The U.S. Justice Department and Pentagon are preparing to invoke prize law — a maritime legal doctrine…
Posts published in “COMMODITIES”
Gold, Silver, Copper Rally Fuels Drilling In Mexico Gold is testing record highs near $4,700, silver climbed about 20% in August, and copper is pressing…
Trump Announces Venezuela Oil Reserve Deal On Saturday, August 29, 2026, former President Donald Trump announced via social media that the United States has struck…
Warsh’s Hawkish Stance Reshapes Fed Expectations On Friday, August 28, 2026, markets reacted sharply to Federal Reserve Chair Kevin Warsh’s unexpectedly hawkish remarks at the…
The U.S. Court of Appeals for the Ninth Circuit rejected Kalshi’s bid to block Nevada gaming regulators from enforcing state laws against its sports event…
Gold and Silver Fall on Warsh’s Jackson Hole Speech On Friday, August 28, 2026, gold and silver prices dropped sharply after Federal Reserve Chair nominee…
Ukraine claimed a drone strike on the Slavneft-YANOS refinery in Yaroslavl, one of Russia’s largest fuel producers, on August 27, 2026. The attack is part…
Gold Miners Record-Breaking August Outshines Chip Stocks Gold mining equities are closing out August 2026 with their strongest monthly performance on record. The MSCI global…
Hormuz Tanker Counts Drop Below Ten-Day Average Tanker traffic through the Strait of Hormuz slowed to just seven commodity vessels on Thursday, August 27, 2026,…
Zinc’s 2026 Rally Hits A Four-Year High Zinc prices surged to a four-year high on Friday, 28 August 2026, as supply constraints tightened the market.…
Blockade Replaces Airstrikes in Pressuring Tehran The U.S. Navy has shifted from military strikes to economic warfare against Iran, imposing a blockade that has sharply…
Brent crude traded near $89.17 per barrel and WTI near $83.19, both on pace for weekly declines of 5.3% and 4.3%, respectively, despite ongoing U.S.-Iran…
The US Treasury Department sanctioned 24 entities based in mainland China and Hong Kong under “Operation Economic Outcast,” targeting firms allegedly involved in trade with…
UK Energy Price Cap Rises to Three-Year High British households face a 4% increase in energy bills from October, pushing the average annual dual-fuel bill…
Canadian oil sands maintenance is expected to cut crude production by roughly 300,000 barrels per day in September, according to Rystad Energy, as cited by…
Iran and Oman Propose Joint Strait of Hormuz Shipping On Tuesday, August 25, 2026, Iranian and Omani officials discussed a proposal to establish a jointly…
Crude Falls 3% on Mideast Supply Risk Relief West Texas Intermediate and Brent crude futures for October delivery both fell roughly 3% on Tuesday, 25…
Gold Surges Past $4,700 as Inflation Fears Return Spot gold touched nearly $4,700 an ounce on Tuesday, August 25, 2026, marking its highest level in…
$IRNT $SPY $GLD The much-anticipated US economic pressure campaign against Iran, touted by Treasury Secretary Scott Bessent as a financial “D-Day,” has landed with less…
Gold Pulls Back Ahead of Key Inflation Print Gold prices edged lower on Tuesday, August 25, 2026, retreating from a three-month high as investors turned…
US Unveils ‘Greatest Financial Offensive’ Against Iran The United States is preparing to announce what officials describe as its “greatest financial offensive” against Iran, a…
$USO $XLE $CL=F — Oil prices declined on Monday as markets positioned for the imminent rollout of new U.S. sanctions targeting Iranian crude exports, which…
WTI crude fell 2.16% to $85.18/barrel and Brent fell 2.19% to $92.32/barrel in early Asian trade Monday, as traders took profits after last week’s 5%+…
Iran’s President Backs US Memorandum As War Exit Iranian President Masoud Pezeshkian said on August 22, 2026, that a US memorandum offers the best route…
India’s Russian Oil Imports Surge to 44% of Total in July India’s reliance on Russian crude reached an all-time high in July 2026, with Moscow…
Iran Keeps Hormuz Shut, Oil and Tanker Rates at Risk Iran warned its neighbors on Sunday, August 23, 2026, against cooperating with U.S. sanctions, as…
Gold Advances 5% as Dollar Weakens, Fed Holds Steady Gold prices rallied for the third consecutive week, climbing 5% to near $4,603 per ounce as…
Brent crude futures surpassed $93 per barrel in early European trade, a three-week high, up 1.95% to $93.48. WTI Crude traded above $85, up 2%…
Aramco Diverts Oil to Europe via Egypt, Malta On Wednesday, August 19, 2026, reports from Bloomberg revealed that Saudi Aramco will supply full contractual crude…
Gold and Silver Jump Before Fed Minutes Gold rose 1.9% and silver climbed 2.7% on Wednesday, August 19, 2026, ahead of the Federal Reserve’s release…