Bessent Bets Hormuz Won’t Matter in Two Years as Saudi Bypass Pipeline Sits Offline
Treasury Secretary Scott Bessent says the Strait of Hormuz will be irrelevant to markets within two years, betting on pipelines…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Macron weighs releasing French oil reserves as fuel shortages spread
French President Emmanuel Macron is weighing the release of strategic oil reserves as fuel shortages spread across the country. More…
Saudi Aramco halts crude oil deliveries to Europe after pipeline attack
Drone strikes on Saudi Arabia's East-West pipeline have knocked out flows to the Yanbu export terminal, and Aramco has cut…
Gold Hits Weekly High of $4,439.80 as Fed Rate Hike Eases Inflation Fears
Gold climbed to a weekly high of $4,439.80 per troy ounce on Friday, September 18, 2026, as fading inflation concerns…
TotalEnergies sells African oil and gas pipelines to BlackRock’s GIP for $1.8 billion
TotalEnergies has agreed to hand over ownership of certain African midstream oil and gas assets to Global Infrastructure Partners, a…
