Oil rises as Iran rules out extending MOU with U.S., threatens escalation
Crude prices edged higher Monday after Iran's Foreign Ministry ruled out extending its memorandum of understanding with the United States,…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Iran threatens military strike on US naval blockade if interim deal stalls
Iran has told Reuters it will escalate tensions in the Strait of Hormuz and strike the US naval blockade if…
Wells Fargo cuts 2026 gold forecast to $4,900-$5,100 as Fed stays hawkish
Wells Fargo Investment Institute has cut its year-end 2026 gold forecast to $4,900-$5,100 per ounce, down from $5,300-$5,500 in June….
Jeff Currie turns bullish on gold, citing resilient central bank demand
Veteran strategist Jeff Currie has flipped his gold position from short to long, betting on continued central bank buying over…
US gasoline prices jump 30% as Trump links cost to Iran conflict
U.S. gasoline prices have climbed nearly 30% over the past year, and former President Donald Trump says the increase is…
