U.S. oil output cushions the world from the Hormuz shock, but drains domestic supply
Record U.S. crude output, LNG exports, and fuel shipments are absorbing much of the global supply shock from the closed…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
China adds 20 tonnes of gold in July, its largest purchase since 2023
China's central bank added 20 tonnes of gold to its reserves in July 2026, its largest single-month purchase since October…
Iran and Oman agree on vessel routes through Strait of Hormuz
Iran and Oman have agreed on vessel-route coordinates through the Strait of Hormuz, a step that appears to signal technical…
US Navy redirects 30 vessels as Iran naval blockade enforcement intensifies
US Central Command has redirected 30 commercial vessels, disabled two non-compliant ships and boarded two others in the Arabian Gulf…
UAE oil output hits record 4.1 million barrels a day after leaving OPEC
The UAE pumped a record 4.1 million barrels of oil a day in June 2026, its highest output ever and…
