Group of Seven countries to release up to 100 million barrels of emergency stocks
G7 nations have said they are ready to take "necessary measures" to support the global supply of energy after the US-Israel war with Iran sent oil prices surging.
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G7 nations have said they are ready to take "necessary measures" to support the global supply of energy after the US-Israel war with Iran sent oil prices surging.
Oil prices fell sharply on Friday as Europe moved closer to another emergency stock release under pressure from the Trump administration, with WTI dropping nearly 4% and Brent falling below $100. At 6:54 a.m. ET, WTI wa…
A coalition of over 40 nations stated they are committed to the Multinational Military Mission (MMA), led by France and the UK, to reopen the Strait of Hormuz once a ceasefire has been agreed.
Stocks are currently swimming between two currents. On one side, stronger growth supports earnings. On the other, stronger growth supports higher rates. So far neither side has managed to drown the other.
When geopolitical tensions flare up, the natural assumption is that gold should immediately surge. War breaks out, markets panic… and the metal rallies as investors rush to safety.
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
Bias: Gold futures remain trapped in a short-term trading range near the psychologically important $4,000 level. The better risk-to-reward currently appears on the bullish side, but only if buyers first reclaim the tigh…
As tankers sat at anchor outside the Strait of Hormuz and Qatar's LNG facilities burned in the opening days of March 2026, Asia's structural dependence on Gulf oil and gas was exposed — in real time, at full scale. The …
August 6, 2026, 3:59 AM EDT. The Chinese Academy of Sciences achieved a 3.42% conversion efficiency in laser-produced plasma (LPP) EUV lithography, closing in on ASML’s 5.5% commercial benchmark. Although current power …
Inflation pressures resurfaced across some of Africa’s biggest economies in April as the prolonged Iran conflict pushed global oil prices above $100 per barrel, driving up fuel, transport and food costs and threatening …
The gold price outlook for July 2026 rests on a single tension: the price has fallen 28% from its January record on hawkish Fed expectations, while the structural forces that drove that record — central bank buying, fis…
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
The coming week marks the end of September as well as of the third quarter, and the bottom dead center of the second-quarter reporting season. But, while it is a slow week for earnings, it is a busy stretch for special …
Russia's revenue from oil and gas has plunged recently, putting further pressure on Moscow to end its war in Ukraine.
Primary 2026: Read This Before You Fill Out Your California Ballot (or Need to Correct a Mistake)
Europe’s benchmark natural gas prices jumped by 4% at trade open in Amsterdam on Thursday, as the United States and Iran remain distant on how to end the war and put an end to the blocked LNG shipments at the Strait of …
New York Federal Reserve President John Williams said Thursday that investors are right to expect another interest-rate increase before year-end, a signal that arrived as a selloff in US government debt pushed long-term…
The late July joint intervention by the U.S. and Japan to support the yen signals escalating concerns regarding global funding stability. While the yen historically serves as a low-cost funding vehicle for global carry …
Global oil prices have once again posted a steep increase. The surge reflects mounting concerns over disruptions to global crude supplies after Saudi Arabia’s East-West Pipeline, a critical alternative export route, was…
Gold has long been regarded as one of the world's most reliable safe-haven assets, but even safe havens experience periods of sharp volatility. After surging to a record high above US$5,590 per ounce earlier in 2026, go…
Operation Epic Fury began on February 28 and has since pushed the global maritime system into a new phase of sustained disruption. The disruption is no longer limited to isolated vessel attacks or temporary route change…
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Gold retreats 5% while platinum and palladium post double-digit losses in volatile end-of-year trading.
The Israel-US war on Iran and its cascading effects have pushed the world into uncertain territory. Attacks on oil facilities and the closure of the key sea route – the Strait of Hormuz – have nearly choked off vital fu…
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