Deutsche Bank: Copper Price Could Rise 50 Percent by 2027
Deutsche Bank predicts the copper price could reach $22,050 per ton in the second quarter of 2027, driven by the US and China hoarding most of the world's refined metal.
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Oil giants in court: Supreme Court said no – the case rolls on in Hawaii
A case that was supposed to decide whether oil companies can be held financially liable for climate change has never been heard orally by the US Supreme Court – but the battle over billion-dollar liability continues now in a Hawaii courtroom.
Kremlin welcomes Trump proposal for energy weapons truce – demands sanctions relief
Moscow says it is positive toward an American proposal for a truce in the energy sector between Russia and Ukraine, but directly links its support to demands for relief from Western sanctions.
Tanker Rates Skyrocket: Middle East Fears Send Freight Prices to Record Levels
Shipping crude oil has become dramatically more expensive after security risks around the Strait of Hormuz and the Red Sea escalated. Shipping companies are demanding war-risk premiums, and the ripple effects could reach all the way to the rate path and risk assets like Bitcoin.
Oil industry warns of years of Iran conflict – fears lasting price boost
The oil industry is preparing for several years of conflict between the US and Iran in the Persian Gulf, with lastingly higher prices as a consequence. This could also dampen risk appetite for Bitcoin and other risk assets.
ECB chief warns: High oil prices could force new rate hikes
Austrian central bank governor Martin Kocher says the risk of persistently high inflation in the eurozone has increased significantly in recent months, with oil prices as a key risk factor.
Oil prices rise on Iranian threats against the Gulf
Crude oil prices continue to climb after Iran threatened energy infrastructure in the Gulf, amplifying market uncertainty and sending shockwaves through risk assets globally.
Oil prices explode: Saudi Arabia attacked – new front in the Middle East war
Oil prices rose more than one dollar at futures reopening following reports of explosions in southwestern Saudi Arabia. The conflict is spreading to a new geographic front, and the market has little buffer against further supply disruptions.
Can Iraq Seize Saudi Arabia's Throne as the Middle East's Oil King?
Iraq holds the world's fifth-largest oil reserves and has set ambitious production targets, but decaying infrastructure, gas flaring, and security challenges make the dream of challenging Saudi Arabia a highly complex affair.
Iran threatens harsher response: Oil and gold at risk
Following U.S. strikes on Iranian oil tankers, Iran's parliamentary speaker warns of a faster and more painful response. Commodity and financial markets are holding their breath.
Bessent predicts $40 oil after Iran war
U.S. Treasury Secretary Scott Bessent believes a military confrontation with Iran would send oil prices down toward $40 a barrel — running directly counter to historical patterns from Middle East conflicts.
Iran attacks Kuwait: Oil prices surge
Kuwait reports Iranian missile and drone strikes, with Kuwaiti air defenses on full alert. Oil prices react immediately to the upside as markets assess the risk of supply disruptions in the Strait of Hormuz.
SPR approaches critical level — a new oil shock could hit the global economy
The US Strategic Petroleum Reserve is being depleted faster than expected following the Persian Gulf conflict. Analysts are warning of severe price volatility if reserves fall further.
Hormuz collapses: Only four ships dare to sail – oil above $90
Two Filipino seafarers have been killed following the attack on a Saudi oil tanker in the Strait of Hormuz. As Iran escalates rocket and drone strikes against American bases, shipping traffic has shrunk to historically low levels.
US strikes Iranian air defenses – oil price climbs toward monthly high
CENTCOM confirms that US forces struck Iranian air defense, radar, and naval installations on Sunday after Iran attempted to lay mines in the Strait of Hormuz. Crude oil prices are climbing toward their highest level in over a month.
Two supertankers struck in the Strait of Hormuz — oil supply under threat
Two giant oil tankers have been hit by unknown projectiles in the Strait of Hormuz, according to maritime risk analysis firm Marisks. The incident puts the fragile oil supply at risk and sends fresh shockwaves through energy markets.
Trump: Exxon Set to Enter Venezuela with Historic Oil Deal
President Trump confirms that ExxonMobil is ready to enter Venezuela as part of what is being described as one of the largest oil deals in years. The agreement could reshape global energy markets and influence inflation and interest rate trajectories.
Iran Rejects Trump's Kharg Claim – Oil Tensions Flare Up Again
Iran calls Trump's AI-generated video of Kharg Island "ridiculous," while new U.S. strikes and Iranian retaliatory attacks increase pressure across the Middle East and commodity markets.
Supertanker ablaze in Hormuz: Iran threatens all shipping traffic
Iran's Revolutionary Guard claims to have stopped and ignited a supertanker using sea mines in the Strait of Hormuz. The incident is the latest in a series of attacks that have halved the flow of oil through the world's most critical shipping lane.
Iran attacks American bases — markets shaken
Iran has attacked two American military bases in Jordan with ballistic missiles. The strike escalates an already tense conflict and sends shockwaves through global markets.
Thiel fund went dark for two quarters – came back with 72% in energy
Thiel Macro reported zero U.S. equity positions for two consecutive quarters, before the fund suddenly reappeared with a $419 million portfolio – with nearly three-quarters allocated to energy and power companies.
The Iran war has sent the world's energy bill up by $330 billion
A new report shows that the conflict between the US, Israel, and Iran has driven up the global energy import bill by as much as $330 billion in just six months — and the war is not over.
US Close to Historic Oil Deal with Venezuela
Washington is in final negotiations on a long-term agreement that could give the US direct access to Venezuela's vast oil reserves — the largest in the world. The deal could reshape global energy markets and push oil prices even lower.
Half of the world's oil production threatened by active conflicts
Around 45 million barrels of oil per day are now being produced in regions marked by active armed conflicts. Experts warn that global supply security is more vulnerable than it has been in many years.
Ukraine strikes another Russian refinery – fuel crisis deepens
Ukrainian drones struck the Afipsky refinery in Krasnodar overnight into Monday, setting the facility ablaze. With a processing capacity of 180,000 barrels per day, the attack worsens an already severe fuel crisis in Russia.
USA tightens the blockade: Iran's oil exports to China come under heavy pressure
American sanctions pressure is constraining Iranian oil deliveries to Chinese buyers, but a sophisticated network of yuan payments and shadow tankers has kept trade flowing — until now.
Houthis Seek Control of Bab el-Mandeb – New Threat to Oil Prices
The Houthi militia in Yemen is planning to expand its presence along the coast toward the Bab el-Mandeb strait, one of the world's most critical chokepoints for oil transport. Experts are warning of fresh disruptions to global shipping.
Trump's Iran threat sends oil surging – Dow falls
Trump's "economic D-Day" rhetoric against Iran triggered sharp moves in the oil market on Thursday, as the Dow Jones fell while energy stocks and ETFs shot higher.
Trump declares total economic war on Iran – oil prices on alert
US President Donald Trump has announced the most far-reaching secondary sanctions ever imposed against Iran, with direct consequences for oil markets and countries helping Tehran circumvent the embargo.
UAE severs all ties with Iran after missiles near its coastline
The United Arab Emirates has frozen all trade and financial transactions with Iran after two ballistic missiles reportedly landed in Emirati waters. Iran categorically rejects the allegations.
Gold approaches $4,450: Weak dollar and fading rate-hike hopes provide tailwind
The gold price is climbing toward $4,450 per ounce after weaker U.S. key data dampens expectations of further Federal Reserve rate hikes and pushes the dollar lower.
China delays key data release – markets on alert for weak figures
China's National Bureau of Statistics has unexpectedly postponed the release of July's key economic figures to the afternoon Beijing time, heightening tension in global markets and reinforcing expectations of central bank intervention.
Oil prices surge: Iran hopes fade and SPR near historic low
Hope for a US-Iran deal is evaporating fast, and America's Strategic Petroleum Reserve has fallen below 300 million barrels for the first time in decades. Oil prices are reacting sharply to the upside.
Ukraine strikes giant refinery 1,500 km inside Russia
Ukraine's military has attacked the Orsknefteorgsintez refinery in the Orenburg region — more than 1,500 kilometres from the front line. The strike is the latest in an escalating campaign that has knocked out more than 30 percent of Russia's refining capacity.
The Hormuz Shock Isn't Over: Oil Markets Hold Their Breath
Shipping traffic through the Strait of Hormuz remains severely disrupted, and even an imminent diplomatic breakthrough between Iran and Oman is unlikely to normalize supply chains for several months.
Kazakhstan seeks new oil routes as drones threaten the Black Sea
Kazakhstan is considering rerouting significant oil export volumes away from the Russian-controlled port of Novorossiysk following persistent drone threats against Black Sea shipping corridors.
Iran: Hormuz deal near – as UAE tanker comes under attack
Iran signals that a deal on the Strait of Hormuz is within reach, but tensions persist following an attack on an Emirati oil tanker. Markets are reacting to the uncertainty.
Oil price plunges 10% on Hormuz hopes – market bets on diplomatic breakthrough
WTI crude oil fell more than 10 percent over the week after traders priced in the possibility of the Strait of Hormuz reopening, but a full resolution has yet to materialise, according to OilPrice.com.
Iran and Oman Near Historic Deal on the Strait of Hormuz
Iran and Oman are, according to Iranian authorities, in the final stages of negotiations over joint management of the Strait of Hormuz – one of the world's most critical oil corridors. Meanwhile, crude oil prices are falling.
The war in Iran sends refining margins to record highs
The conflict in Iran has choked oil flows through the Strait of Hormuz and triggered a global refinery shock — with record-high margins and renewed geopolitical inflation fears pushing rate expectations higher.