UN shipping agency begins evacuating hundreds of ships stranded in Gulf via Hormuz
The start of the Hormuz evacuation is a concrete operational step forward and will be read by oil markets as confirma ...
Congress delivers historic but toothless war powers rebuke over Iran conflict
For oil markets, the vote is noise rather than signal. The White House has already declared the resolution unconstitu ...
Private survey inventory shows a headline crude oil draw
Via oilprice.com:*** Expectations I had seen:headline crude oil -5mn barrelsdistillates gasolina -350k bbls
This ...
Standard Chartered sees gold at $5,100 and S&P at 7,950 by mid-2027
The $5,100 gold target is the most striking single number in the outlook and, set against a mid-2027 timeframe, impli ...
Danske Bank sees Brent at $80 this year, rules out return to pre-war lows
Danske’s floor call is the most market-relevant element here: by explicitly ruling out a return to the $60-$70 ...
Oil reverses earlier gains, sinks below $75
The Iran walk-out of war negotiations and the ongoing fighting in Lebanon haven’t derailed the oil selloff. On ...
Gold maintains the bearish bias following the hawkish Fed decision; focus shifts to data
FUNDAMENTAL
OVERVIEWGold maintains the bearish bias following the hawkish Fed dot plot last
week as the centr ...
Explosion at Qatar’s Ras Laffan LNG site leaves 54 injured and 18 missing
The Barzan facility supplies Qatar’s domestic gas market rather than its LNG export terminals, which limits imm ...
Goldman Sachs sees structural gold buying as central bank demand hits 59 tonnes in April
Goldman’s forecast of sustained central bank buying at 50 tonnes a month through 2026, easing to 40 tonnes in 2 ...
Mediators map out 60-day roadmap for final US-Iran deal after breakthrough talks
A joint statement from Qatari and Pakistani mediators confirmed the conclusion of constructive US-Iran talks in Switz ...
Hormuz maritime security mechanism agreed by Iran in Switzerland breakthrough
Iran’s Foreign Ministry confirmed a breakthrough mechanism for safe vessel transit in the Strait of Hormuz foll ...
Hormuz traffic plunges to five ships as Iran reasserts closure threat
The sharp drop in Hormuz transits, from 26 vessels Saturday to just five Sunday, signals a fast-deteriorating risk pi ...