Brent crude tops $100 as Red Sea tanker attacks widen the Iran war
Brent crude climbed above $100 a barrel for the first time since May after Houthi fighters struck two Saudi oil…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Hormuz Tanker Traffic Falls to One Crossing as Oil Holds a Weekly Gain
Just one oil tanker crossed the Strait of Hormuz on Thursday, the fewest since May 7, as an escalating U.S.-Iran…
Silver holds a 3.4% weekly gain but stays short of the $60 breakout level
Silver traded near $57.76 on Friday, holding a weekly gain of around 3.4% even after a 3.4% decline the day…
US begins importing Iraqi fuel oil through Syria for the first time
The United States has started importing Iraqi fuel oil shipped through Syria, the first time U.S.-bound cargoes have left from…
Oil’s decline pressures bond markets and AI firms’ cash flow, Reuters reports
Falling oil prices are pressing on global bond markets and raising concern about the cash flow of AI-focused technology firms,…
