Iran drafts conditions for reopening Strait of Hormuz to full traffic
Iran is preparing a formal list of conditions for reopening the Strait of Hormuz, according to Mohsen Rezaei, secretary of…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Trump administration in talks for US ownership stake in Venezuela’s oil fields
The Trump administration is negotiating a direct US ownership stake in Venezuela's oil fields, according to Axios. The proposed deal…
Oil rebounds as US rules out reviving Iran ceasefire terms
Brent crude and WTI snapped a three-day losing streak on Thursday after President Trump told mediators he has no interest…
India’s Gold Discount Traces to New Delhi’s Tax Hike, Not the Monsoon
India's gold discount to international prices stems mainly from government policy rather than the weak monsoon. New Delhi's May customs…
Gold Steadies Below $4,600 as Traders Await Warsh’s Jackson Hole Speech
Gold hovers just below $4,600 an ounce as traders wait out Fed Chair Kevin Warsh's first Jackson Hole address on…
