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Gold edges lower to near $4,150 on US–Iran peace uncertainty, hawkish Fed signals
Gold price (XAU/USD) trades with mild losses around $4,155 during the early Asian session on Monday....
WTI rises nearly 2% on Strait of Hormuz closure, shaky peace talks
West Texas Intermediate (WTI) – the US oil benchmark – opened Monday’s Asian trading with an over $1...
Stock market today: S&P 500, Nasdaq, Dow futures slide with US-Iran peace and inflation in focus
US stock futures slipped against a backdrop of uncertainty ahead of a key inflation reading....
Iran Seizes Sanctioned Oil Tanker in Gulf of Oman
The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Iranian nation." Tasnim did not elaborate o ...
First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia
The first fuel oil cargo from Mexico has just arrived in Asia, in a first such shipment in nine months, as high Asian prices draw supplies from other regions amid the shock supply loss from the Middle ...
India's Inflation Accelerates as High Energy Prices Start to Bite
Inflation in India, the world’s third-biggest crude oil importer, accelerated in April as the higher global oil and gas prices started to feed through consumer prices. The annual consumer price index ...
First Oil Tanker Reaches South Korea Through Hormuz Since War Began
An oil tanker that had passed through the Strait of Hormuz in mid-April arrived on Friday at a port in South Korea, shipping the first crude cargo to the country via Hormuz since the war began. The Ma ...
Why the UAE Left OPEC
Politics, Geopolitics & Conflict The military situation around Hormuz remains active even as diplomacy accelerates behind the scenes. US Central Command said Thursday that Iranian forces launched miss ...
Oil Prices Whipsaw as U.S.-Iran Conflict Shakes Markets
Crude oil prices experienced one of the most volatile trading weeks of 2026 during the period of May 3 through May 7, as traders reacted to the ongoing U.S.-Iran conflict, disruptions in the Strait of ...
China’s Strategic Edge in the U.S.-Iran Crisis
China is one of the few major economies coming out of the Iran shock with potentially more leverage, not less. While the Hormuz blockade decimates Gulf trade routes and energy markets, China’s factori ...
Global Jet Fuel Exports Hit 10-Year Seasonal Low in April
Global seaborne jet fuel exports crashed to a seasonal low in April as supplies remained trapped in the Middle East and Asian refiners slashed run rates amid lower crude availability, energy flows ana ...
More Than 40 India-Bound Ships Remain Trapped Near Hormuz
More than 40 India-bound vessels, nearly half of which carry energy products, are still trapped in the Persian Gulf, unable to pass through the Strait of Hormuz, officials told Indian outlet The Econo ...
A Golden Opportunity for Canada’s Oil and Gas Industry
Canada has a “golden opportunity” to become a major global oil player as the war in the Middle East limits sources of crude and natural gas, the head of the International Energy Agency said, adding th ...
Pakistan Rejects LNG Bids as Energy Crisis Deepens
Pakistan has rejected the lowest bid under an urgent tender for two liquefied natural gas cargoes launched earlier this month. The country received a total of seven bids, none of which were apparently ...
$7 Billion in Oil Bets Under Investigation
The Commodity Futures Trading Commission has launched an investigation into short oil bets worth a total $7 billion, made in March and April right before statements by President Donald Trump that led ...