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…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
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,…
Saudi Crude Tanker Crosses Bab el-Mandeb in Dark Mode to Evade Houthi Blockade
At least one tanker carrying Saudi crude slipped through the Bab al-Mandeb Strait with its transponder switched off this week,…
