Conflict, sanctions, tariffs and the political risk premium embedded in prices.
99 report(s) in the archive
Five British men were arrested near RAF Fairford as US and UK officials pointed to Iranian involvement, prompting a swift aircraft withdrawal.
The US withdrew B-1 bombers from RAF Fairford after British and American officials said an alleged terror plot near the base involved Iran.
The curbs, first imposed after Ukrainian drone strikes on refineries, threaten to deepen an already tight diesel market.
Russia has extended its diesel export ban, a curb originally imposed in response to Ukrainian drone strikes on its refineries, according to the Financial Times.
Crude had dropped sharply as Middle East supply concerns eased, before the denial reversed part of that move.
Oil prices climbed after President Trump denied he was willing to ease sanctions on Iran, reversing part of an earlier sharp drop tied to improving Middle East supply.
Gold steadied after a 4% drop while oil extended gains on a U.S.-Iran standoff that is overshadowing Saudi supply.
Gold stabilized near a seven-week low following a 4% slide as traders raised bets on a Federal Reserve rate hike, even as oil kept climbing on Iran-related supply concerns.
Rising crude prices tied to the Middle East conflict are forcing governments to spend more on fuel subsidies, while tanker owners cash in on tighter shipping capacity.
Oil prices climbing on the Middle East conflict have pushed global fuel subsidy costs higher and lifted older supertankers above the price of new builds as freight rates rise.
Gold fell below $4,200 and bitcoin dropped to $83,119 after Trump rejected an Iran proposal, while 10-year Treasury yields near 5.2% add pressure on non-yielding assets.
Gold broke below $4,200 with its RSI at 28.6, bitcoin slipped to $83,119, and Brent crude broke a $101.50 neckline, as Trump's rejection of an Iran proposal and high Treasury yields pushed investors out of risk and safe-haven assets alike.
The agreement lowers levies on a wide range of goods from foie gras to camels, yet the farm product both sides fought hardest over stays untouched.
Washington and Beijing agreed to cut tariffs on roughly $60 billion of non-sensitive goods, but China's exclusion of soybeans from the deal leaves the biggest US farm export dispute unresolved.
The rebound came alongside a separate report warning that a second US strategic stockpile, beyond crude oil, is also running low.
Oil prices rebounded after President Trump rejected a proposed Iran peace deal, reviving supply-disruption concerns that had eased in recent sessions.
Indian refiners raised LPG output nearly 20% and Southeast Asian nations kept building gas plants, suggesting the region is absorbing the shock rather than scrambling.
Indian state refiners lifted LPG output by close to 20% to offset reduced imports tied to the Strait of Hormuz blockage, while Southeast Asian countries continued planned gas-plant construction despite the same disruption.
Tehran had proposed a week-long pause to reopen the Strait of Hormuz, but Washington called the offer insufficient.
Trump said he is rejecting Iran's ceasefire proposal and is reported to be planning to resume bombing after the U.S. midterm elections, prolonging the seven-month conflict that has kept the Strait of Hormuz closed.
The agreement came alongside a visit by Chinese President Xi Jinping, marking the first formal AI dialogue between the two governments.
Washington and Beijing agreed to a $30 billion tariff reduction and launched a new bilateral dialogue on artificial intelligence policy.
Tehran is still waiting on Washington after Trump reportedly rejected a peace proposal for the strait, even as US pump prices already sit near $4.48 a gallon.
Iran is awaiting a US response to a proposed peace plan for the Strait of Hormuz after Trump reportedly rejected an earlier deal, leaving a key oil chokepoint's status unresolved.
Beijing has committed to 10 million tons of American coal over two years, while Taiwan says continued US arms sales still serve Washington's own interests.
China has agreed to buy 10 million tons of US coal in 2027 and 2028, a concrete trade commitment emerging from the recent Trump-Xi summit.
Coverage of the meeting emphasized symbolic gestures over concrete trade or geopolitical outcomes, and Asian markets showed little reaction to it.
Multiple accounts of the Trump-Xi summit describe a heavy focus on ceremony and goodwill gestures rather than substantive agreements, and Asian stocks showed no meaningful lift from the meeting on September 24.
The bank shifted the gathering to London as the conflict continues to weigh on expatriate operations in the Gulf.
HSBC moved a scheduled board meeting from Dubai to London, with the Financial Times reporting the decision reflects ongoing safety concerns tied to the Iran war.
Crude fell on rising Gulf supply and hopes for renewed US-Iran talks, while gold benefited from the same news as investors dialed back Fed rate-hike worries.
Oil dropped on increased Gulf supply and hopes for US-Iran talks, and gold rose as the same easing of tension reduced fears of a Federal Reserve rate hike.
Iran has laid out conditions for reopening the Strait of Hormuz, while President Trump says a decision on banning diesel exports is coming 'fast, one way or the other.'
Refiners already stretched thin by the Hormuz supply shock are now seeing jet fuel prices climb alongside diesel, and Washington is weighing an export ban that could tighten supply further.
Lockheed Martin, RTX and Boeing fell even as RTX sits on a record $289 billion order backlog.
Lockheed Martin and RTX each dropped 3% and Boeing declined after a report that the Strait of Hormuz could reopen, which also sent oil prices lower.
The French digital-shelf-label maker beat expectations as tariff pressures eased in the first half.
VusionGroup shares rose 8% after the company reported strong first-half profit growth and said tariff relief helped its results.
An easing oil slide reduced inflation worries even as crude itself ticked higher on the same Iran diplomacy story.
Gold gained as a slowdown in oil's decline eased inflation concerns, while oil itself edged up on hopes for U.S.-Iran talks and steady Saudi supply flows.