Saudi Arabia's East-West pipeline will stay largely offline for three to five weeks following a drone attack. The crucial 7-million-barrel-per-day export route suffered pumping station damage, trigge…
Geopolitical tensions in the Middle East are disrupting oil shipments, forcing key producers like Saudi Arabia to divert exports and Chinese refiners to seek alternatives. This has led to a tightenin…
Gulf oil producers explore an Israel-Saudi pipeline to bypass dangerous Hormuz and Bab-el-Mandeb chokepoints amid Iran-Houthi threats. Plan remains speculative, hindered by lack of Saudi-Israel diplo…
Oil prices extended losses on Tuesday as easing US-Iran tensions and restored Kazakhstan supplies reduced supply disruption fears, prompting an unwinding of geopolitical risk premiums.
South Korea increasingly relies on the Red Sea route via Saudi Arabia's Yanbu port after Iran war disrupted Strait of Hormuz shipments. Houthi threats to close Bab el-Mandeb Strait pose new risks to …
Perma-Pipe International Holdings (PPIH) reported a 63.6% decline in Q1 fiscal 2026 net income to $1.8 million, despite a 7.5% revenue increase to $50.3 million. Earnings were hit by geopolitical pro…
Brent crude steadied above $105/barrel as Trump announced progress in Iran nuclear negotiations, raising expectations of increased Middle Eastern oil supply. However, analysts warn global markets wil…
Gold rose 1.35% to $4,530/oz as geopolitical tensions eased with Trump's Iran peace comments and Middle East energy supply increases, reducing inflation concerns and hawkish Fed expectations.
WTI crude edges lower as traders assess Middle East geopolitical tensions and NATO's potential involvement in securing Strait of Hormuz passage, with front-month futures down 0.3% to $103.81/barrel.
US equity markets declined as inflation concerns and rising Treasury yields pressured AI stocks. Nvidia faces crucial earnings, while Alphabet and Amazon slumped despite tech announcements.
Gold rallies toward $4,600/oz as US-Iran tensions ease following Trump's suspension of planned strikes. Geopolitical de-escalation and inflation concerns support bullish momentum for safe-haven asset…
Brent crude traded around $108/barrel amid Middle East tensions and US-Iran negotiations. Trump postponed a planned attack on Iran after regional pressure, while mixed signals on potential sanctions …
US stock indexes fell sharply Friday as Middle East tensions and inflation fears pushed Treasury yields to 4.58%, the highest since May 2025. Tech stocks led declines amid recession concerns, while e…
Global equities fell 1-1.6% as inflation concerns resurface and traders increase Fed rate hike bets to 38%. Bond yields spiked, oil prices climbed on Middle East tensions, and the dollar strengthened…
Brent crude declined over 1% to $106.3/barrel amid Middle East ceasefire uncertainties and upcoming US-China trade summit, pressuring the Indian rupee which relies heavily on oil imports.