Triple Supply Shock Lifts Brent Crude Back to $100 as Markets Eye Five Key Levels
Brent crude climbed back to $100 for the first time since May, gaining almost 12% on the week as supply…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
UKMTO reports tanker and military-forces incident in the Gulf of Oman
The UK’s maritime authority reported an incident involving a tanker and military forces in the Gulf of Oman on Friday,…
Greek air defenses intercept two Yemen missiles aimed at Saudi oil refineries
A Greek-operated air defense system intercepted two ballistic missiles fired from Yemen at Saudi oil refineries in Yanbu on Saturday,…
Kuwait signs $16 billion oil pipeline deal with Blackstone, KKR and Brookfield
Kuwait Petroleum Corporation has signed a $16 billion lease and leaseback deal covering its crude oil pipeline network with Blackstone,…
Crop Prices Hit Three-Year High as Hormuz Closure and Black Sea War Squeeze Supply
The closure of the Strait of Hormuz has blockaded roughly 30% of the Middle East’s annual fertilizer exports, helping push…
