Iran Threatens to Halt All Persian Gulf Oil Exports, Calls US Support an Act of War
Iran's top security official warned Gulf states on August 22 that supporting US sanctions against Tehran would be treated as…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Super El Niño Threatens Global Food, Water and Trade Supply Chains
The U.S. National Oceanic and Atmospheric Administration puts the odds above 90% that this year's El Niño becomes "very strong,"…
Exxon’s Tengiz Oil Field to Peak Next Year and Decline Nearly 40% by 2035
ExxonMobil has told Kazakhstan that its giant Tengiz oil field will peak next year and then decline nearly 40% by…
Iran advances bill to charge ships up to $2 million to cross the Strait of Hormuz
Iran's national security committee has approved a bill to formally charge ships for crossing the Strait of Hormuz, after already…
Oil rises and Gulf markets rally as Trump threatens Iran sanctions over Strait of Hormuz
Oil prices climbed and most Gulf stock markets closed higher after President Donald Trump threatened new economic sanctions against Iran's…
