The United States Oil ETF hit a 52-week high amid escalating Middle East conflicts between the U.S., Iran, and regional proxies. Rising expectations of prolonged geopolitical tensions are supporting …
Brent and WTI crude surged over 4% toward $110 after Iran claimed it destroyed a US drone over the Strait of Hormuz. Rising Middle East conflict risks and a precautionary shutdown of Saudi Arabia's E…
Oil prices surged over 3% as Middle East fighting intensified and Saudi Arabia shut a key pipeline, boosting energy stocks. In contrast, gold and silver dropped more than 2% amid base metal weakness,…
US stocks dropped as technology shares tumbled after AI executives advocated slowing advanced AI model development. Meanwhile, Brent crude surged past $108 per barrel amid Middle East supply disrupti…
Saudi Arabia halted its 7-million-barrel-per-day East-West Pipeline following drone attacks, disrupting a vital route bypassing the Strait of Hormuz. With diplomatic talks collapsed and tanker strike…
Bitcoin and Ethereum showed modest early gains despite rising oil prices and climbing Fed rate-hike odds following a Saudi pipeline attack. Surging energy prices and an 86.5% probability of an immine…
Bitcoin and Ethereum rebounded slightly after opening lower, but face renewed headwinds as Middle East pipeline attacks drove oil prices up 11%. Higher energy costs have raised Federal Reserve rate h…
European natural gas jumped 6% to multi-year highs amid escalating Middle East tensions and the shutdown of Saudi Arabia's East-West pipeline. With European storage under 70% and disrupted Qatari LNG…
A Middle East escalation and damage to a key Saudi oil pipeline pushed global oil prices higher, driving Fed rate hike odds to 86.5%. As higher rate expectations strengthened, silver futures tumbled …
Gold prices dropped to $4,332.50 per ounce pressured by higher-than-expected CPI inflation and imminent Federal Reserve rate hike expectations. Concurrently, crude oil prices are surging following we…
Saudi Arabia halted its vital East-West crude pipeline following drone attacks, threatening 4 million barrels per day of exports from Yanbu. With alternative shipping routes already disrupted, Asian …
Strait of Hormuz vessel transits collapsed and Saudi Arabia shut its vital East-West pipeline following drone attacks. The critical disruption to Middle East crude logistics triggered an immediate su…
Oil prices climbed after Saudi Arabia shut down a critical crude pipeline following attacks, blocking an alternative route to bypass the Strait of Hormuz. Supply risk escalated further as planned dip…
Brent crude surged past $108 and WTI topped $102 after a drone strike on Saudi Arabia's East-West pipeline threatened 4% of global oil supply. Escalating Middle East tensions, Houthi advances, and fa…
Crude oil rallied past $100 following drone attacks that shut Saudi Arabia's East-West pipeline and threatened critical shipping chokepoints. Meanwhile, rising Federal Reserve rate hike odds sparked …
Hong Leong IB expects elevated Brent crude prices in 4Q due to persistent Middle East shipping disruptions and widening supply deficits. With recovering Chinese imports adding further upside, the ban…
Oil prices surged with WTI topping $102 as Middle East tensions escalated following Iran's closure of the Strait of Hormuz and Saudi pipeline shutdowns. The IEA expects supply disruptions into next y…
Crude oil jumped toward $103 a barrel after Saudi Arabia halted its 7 million barrel-per-day East-West pipeline following drone strikes. The shutdown disrupts a vital bypass around the Strait of Horm…
Escalating clashes between Houthi rebels and Saudi Arabia threaten key oil-producing areas. Saudi leaders face tough choices over retaliation, stoking supply disruption concerns across global energy …
Saudi Arabia shut down its key East-West crude pipeline after drone attacks launched from Iraq. The outage halts an essential bypass route around the Strait of Hormuz, escalating Middle Eastern suppl…