Iran vows to block adversaries from reopening the Strait of Hormuz
Iran has vowed to stop adversaries from reopening the Strait of Hormuz, a chokepoint for global oil shipping, according to…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Russia extends diesel export ban through January 2027 as refinery strikes squeeze supply
Russia's government has extended its ban on diesel, gasoline, marine fuel, and gas oil exports through January 31, 2027, pushing…
Trump announces deal giving US majority control of Venezuela’s oil reserves
President Trump announced that the United States has secured majority control of more than 65 billion barrels of Venezuelan oil…
Trump to meet oil refining executives as gasoline prices top $4 a gallon
President Trump will meet US oil refining executives in early September 2026 to press them on cutting gasoline prices, which…
Hedge funds increase bullish bets on US gasoline as conflict squeezes supply
Hedge funds pushed net long positions in NYMEX RBOB gasoline futures and options up by 5,533 lots in the week…
