Commodities
Mideast oil exports are recovering. Fresh attacks in Saudi Arabia show risks remain.
Oil exports from the Persian Gulf are approaching prewar levels. Prices nevertheless remain elevated, with Brent crude climbing above $110 a barrel early Thursday....
Commodities
Central banks around the world are quietly stockpiling four times more gold than usual and are moving it out of the U.S.
According to Goldman Sachs, central banks purchased 79 tonnes of gold in August, compared with a monthly average of 17 tonnes before 2022, more...
Commodities
Markets sell off worldwide as further conflict looms in the Middle East and Elon Musk cuts capex guidance
Global markets experienced a sharp sell-off, with S&P 500 futures down 1.02%, Nasdaq futures down 1.82%, the Stoxx 600 down 0.92%, South Korea’s KOSPI...
Commodities
Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
Oil prices rose Thursday amid fears of an escalation in the Middle East conflict and preparations for possible military action against Iran. Brent crude...
Commodities
U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
The United States ordered the departure of non-essential government employees and their families from Saudi Arabia, citing escalating Houthi attacks against civilian targets. Washington...
Commodities
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
Crude oil exports from the Persian Gulf nearly returned to their pre-war levels in October. Regional flows came back to within 10% of the...
Commodities
Japan’s trade deficit hits record $17.8 billion as Iran war sends oil import prices soaring
Japan’s trade deficit reached 2.81 trillion yen, or $17.8 billion, during the first half of the fiscal year, an unprecedented level for the country....
Commodities
Current price of oil as of October 21, 2026
At 8 a.m. Eastern Time, Brent crude oil cost $110.74 per barrel, down $2.11 from the previous day and about $49 higher than a...