Oil prices rise to six-week high as U.S. and Iran trade strikes
Oil prices climbed to a six-week high on Monday after the U.S. and Iran exchanged military strikes over the weekend…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
UAE says its energy exports will not be held hostage by Iran war
The UAE says the war between the US and Iran will not hold its energy exports hostage, pointing to new…
UAE builds alternative oil export routes to bypass Hormuz amid Iran war
The UAE is fast-tracking new pipelines and port capacity on its eastern coast to keep oil flowing without crossing the…
Saudi Aramco’s Jizan oil facility attacked again as $100 oil returns into view
Saudi Aramco's Jizan oil facility was attacked again on Monday, just over a month after a previous strike disrupted production…
Goldman Sachs Warns Oil Could Hit $120 as Middle East Shipping Risks Rise
Goldman Sachs says oil prices could rise to $120 a barrel if attacks on Middle East shipping keep escalating. The…
