#commodities
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Brent Crude Tops $91 as Strait of Hormuz Tensions Lift Diesel Spreads
Brent crude moved above $91 a barrel while U.S.-Iran military exchanges revived fears over shipping through the Strait of Hormuz.…
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Brent Crude Reclaims $90 After Hormuz Escalation Rekindles Supply Fears
Brent crude moved back above $90 a barrel after a U.S. strike near the Strait of Hormuz disrupted the recent…
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Gold Holds $4,396 Support as Fed Rate Reset Caps Safe-Haven Bid
Gold defended the $4,396 level after a sharp post-Jackson Hole selloff, even as Middle East tensions escalated. Investors are now…
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Strait of Hormuz Tensions Jolt Oil Markets After Tanker Fire Claim
A claim that a supertanker caught fire in the Strait of Hormuz after hitting naval mines has sharpened focus on…
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Iran Gasoline Shortages Deepen as Blockade Strains Fuel Supply
Iran is facing a worsening gasoline shortage, with officials acknowledging a daily fuel deficit and strategic reserves under pressure. The…
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Atlantic Hurricane Season 2026 Nears Record-Late First Hurricane as Dolly Weakens
The 2026 Atlantic hurricane season has produced four named storms through late August but no hurricanes, leaving the basin close…
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Barclays Sees El Niño Commodity Shock as Palm Oil, Copper Risks Rise
Barclays is warning that a strengthening El Niño could trigger a broad commodity supply shock, with palm oil, rubber, coal…
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Iran Gasoline Prices Set to Double as Sanctions Pressure Deepens
Iran plans to raise a key gasoline price tier from 5,000 to 10,000 tomans per liter as officials acknowledge growing…
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US Prize Courts Revival Could Speed Iranian Oil Seizures
The US is preparing to revive prize courts, a rarely used wartime maritime system, to handle seized Iranian oil and…
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US Natural Gas Storage Build Misses at 15 Bcf as Henry Hub Hits $2.90
US natural gas prices climbed to a one-month high after a smaller-than-expected 15 Bcf storage injection sharpened focus on late-summer…