Glencore’s Energy Trading Profit Surges 66-Fold as Iran War Halts Gulf Tanker Traffic
Glencore's energy trading desk booked $2.66 billion in first-half adjusted EBIT for 2026, a 66-fold jump from $40 million a…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Climbs 2.3% to $4,170 as Treasury Yields Ease
Gold climbed 2.3% to $4,170 as U.S. Treasury yields eased and the dollar traded broadly lower. The metal is now…
Gold Rallies Past $4,100 as US-Iran Deal Hopes Ease Fed Tightening Fears
Gold pushed back above $4,100 after signs of progress toward a US-Iran deal eased fears tied to a Fed tightening…
Iran’s oil exports collapse 93% under US naval blockade, pushing Tehran toward crypto
A US naval blockade has cut Iran's oil exports 93% in May to roughly 65,000 barrels a day, and Tehran…
Oil prices rise after Houthis claim missile strike on Saudi tanker near Yanbu
Yemen's Houthi militants say they struck a Saudi oil tanker near Yanbu on Tuesday, sending Brent and WTI crude higher…
