Oil eases on Globex after weekend Iran escalation and sanctions threats
Oil is trading a little lower on Globex Monday, a move that sits alongside rather than in place of the string of Iran ...
Bessent to unveil “toughest” Iran sanctions as Rezaei threatens total oil halt
The explicit threat to halt all oil exports from the Persian Gulf, not just the Strait of Hormuz, raises the stakes w ...
Going nuclear … Iran security chief warns Tehran may seek nuclear weapons after US strikes
Any credible signal that Iran might reconsider its non-nuclear posture adds a new layer of geopolitical risk premium ...
Iran dismisses new US sanctions as desperate as Hormuz shipping standstill continues
The near standstill in Strait of Hormuz shipping keeps a geopolitical risk premium embedded in oil prices, with trade ...
Baker Hughes rig count -5 at 588
The weekly Baker Hughes rig count shows:Crude oil rigs -3 at 452Natural Gas rigs -1 at 127Total rigs -5 at 588For the ...
Baker Hughes rig count -5 at 588
The weekly Baker Hughes rig count shows:Crude oil rigs -3 at 452Natural Gas rigs -1 at 127Total rigs -5 at 588For the ...
Gold stays poised to post third straight week of gains
Gold has been a hot topic this week again, owing much thanks to the US Treasury move on Wednesday. Bessent & co. ...
USD slammed in Asia Friday: Bitcoin, gold, FX surge as investors hedge against US fiscal credibility concerns
The dollar’s slide reflects a shift from viewing the Treasury’s buyback expansion as a stabilising measur ...
Goldman veteran Currie ties gold rally to debasement as commodities capture scarcity premium
Currie’s framing positions commodities as the asset class that benefits from both sides of the current macro ba ...
Once the world’s top gold buyer, Russia’s central bank now a steady seller
The scale of the drawdown, 1.6 million ounces since January, values reserve losses at 33.7 billion dollars over seven ...
Iran plans oil strikes to hurt Trump before midterms, official says
The plan as described would target the two main routes shippers have used to avoid the Strait of Hormuz, Saudi Arabia ...
Iran “in bad shape,” Trump says, citing weapon production collapse
Trump’s comments add another data point to the market’s ongoing assessment of how much longer the Iran co ...