Reports of explosions near major energy and petrochemical infrastructure on the Strait of Hormuz are likely to trigger an immediate jump in oil prices, with Bre...

Trump scrambling for ideas to end his stalemate. Reports are that one option under discussion was for a large strike campaign, but short in duration. Goal is to...

Gold has cracked the March low.The spike low early in the war was $4097 and we've just broken through it. That puts gold back where it was in late November and ...

Prior was -7974KGasoline +186K vs -471K expectedDistillates -200K vs -488K expectedAPI data from late yesterday:Crude -9120KGasoline -1190KDistillates +1320KTha...

FUNDAMENTAL OVERVIEWThe oil market has been dead for months. The price action has been mostly rangebound with bouts of volatility caused by US-Iran headlines. T...

FUNDAMENTAL OVERVIEWGold extended the losses yesterday as traders likely hedged into a potentially hot US CPI report today. Friday’s strong NFP number triggered...

The story for precious metals now is that it looks like things will get much worse before they get any better. The fate of gold and silver is largely tied to th...

This is a categorically different order of escalation. Long-range missile strikes on Al-Azraq in Jordan, home to F-35 infrastructure and command-and-control fac...

Iranian drone strikes on the US Fifth Fleet in Bahrain represent a fundamental escalation, taking the conflict out of Iranian territory and into the heart of th...

The formal conclusion of US strikes removes some immediate uncertainty but does not reduce the risk premium,- Iranian ballistic missiles were already airborne b...

Three 'waves' of attacks reported:More on this news: US strikes southern Iran after Apache helicopter downed over HormuzSecond wave of US attacks on Iran said t...

Bandar Abbas is the nerve centre of Iran's Strait of Hormuz operations, and confirmed strikes there mark a qualitative escalation beyond radar and air defense s...