Iran says Strait of Hormuz will stay closed, deepening US tensions
Iran has declared the Strait of Hormuz will stay closed until unspecified conditions are met, deepening its standoff with the…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Hong Kong sets 2,000-ton gold storage target as it expands yuan bond and gold trading
Hong Kong has unveiled plans to expand yuan-denominated gold and commodity trading alongside record dim sum bond issuance and deeper…
Europe outbids Asia for LNG as spot prices surge 150%
European buyers are paying up for liquefied natural gas even as Asian importers retreat from the spot market, with prices…
Energy Giants Bet Billions on Floating LNG and Record VLCC Orders
Abu Dhabi's ADNOC investment arm XRG is reportedly considering buying up to 50% of Energos Infrastructure, a floating-LNG platform that…
Hormuz oil shock set to cut global fossil fuel emissions 0.5% in 2026
Global fossil fuel emissions are on track to fall roughly 0.5% in 2026, the first annual drop since 2020, as…
