US and Israel Prepare Strikes on Iran’s Energy Infrastructure as Navy Blockade Tightens Around Hormuz
The United States and Israel are preparing new strikes on Iran's energy infrastructure as the U.S. Navy tightens its blockade…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Saudi Arabia’s Oil Windfall Narrows Budget Deficit as War Cuts Output
Saudi Arabia's second-quarter budget deficit shrank by nearly three-quarters, as a jump in oil revenue offset a war-driven drop in…
BCA Research says time to buy gold as near-term headwinds fade
BCA Research told clients that gold's selloff is running out of steam and that its near-term headwinds are fading, making…
WTI crude climbs 2.1% to $85.37 as Hormuz tanker traffic edges higher
West Texas Intermediate crude climbed 2.1% to $85.37 a barrel on Friday and Brent added 1.6% to $90.46, with both…
Gold Slips 1.2% but Set for First Monthly Gain Since February
Gold fell 1.2% on Friday to $4,054.20 an ounce as traders recalibrated Federal Reserve rate expectations following this week's meeting,…
