Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Gold Price Holds Near $4,027 as Central Bank Buying Counters Rate Pressure
Gold hovered near $4,027 an ounce as softer U.S. inflation data failed to trigger a breakout. Strong central bank demand…
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EU Russian LNG Imports Hit Record 9.97 Million Tons Before 2027 Ban
European buyers imported a record 9.97 million metric tons of Russian LNG in the first half of 2026, even as…
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Strait of Hormuz Dispute Deepens as Oil Jumps and Ships Keep Moving
Conflicting claims over the Strait of Hormuz intensified after fresh U.S.-Iran strikes, even as commercial vessels continued transiting the key…
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Oil Holds Near $74 as US-Iran Tensions Disrupt Strait of Hormuz
WTI crude climbed 3.5% to $73.90 as the Strait of Hormuz remained closed amid renewed US-Iran hostilities. Investors are weighing…
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Strait of Hormuz Tensions Lift WTI Crude to $74.09 After Trump Remarks
Fresh comments about U.S. control of the Strait of Hormuz pushed oil higher and added to geopolitical risk across currency,…
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Oil Surge and SK Hynix Selloff Hit Global Stocks as Strait of Hormuz Tensions Rise
Global markets opened the week under pressure as Middle East tensions pushed oil higher and a record drop in SK…
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Saudi Strike on Sanaa Airport Escalates Yemen-Iran Tensions
Saudi warplanes struck runways at Sanaa International Airport on July 13, 2026, to prevent an Iranian passenger plane from landing.…
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Henry Hub Natural Gas Falls to $2.90 as Freeport Outage and Storage Surplus Weigh on Prices
Henry Hub natural gas futures slid to a two-month low of $2.90 per MMBtu as cooler forecasts, Freeport LNG maintenance,…
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Trump’s 20% Hormuz Shipping Toll Jolts Oil and Gold Markets
Donald Trump announced a renewed Iran blockade and a 20% toll on cargo moving through the Strait of Hormuz, triggering…
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Gold Price Falls to $4,074 as Treasury Yields Eclipse Iran Haven Bid
Gold slipped to $4,074.59 even as tensions around Iran and the Strait of Hormuz escalated. Rising Treasury yields and a…
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WTI Crude Oil Stalls Near $75 as Hormuz Risk Meets Oversupply
WTI crude oil jumped to $74.61 after fresh tensions around the Strait of Hormuz, but the rally lost momentum as…
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Strait of Hormuz Traffic Slumps as Iran-US Tensions Hit Oil Routes
Commercial vessel traffic through the Strait of Hormuz fell to roughly six ships on July 12, signaling a sharp disruption…