Section
Commodities
Oil prices mixed as U.S. strikes cloud Iran peace talks
Oil prices mixed after U.S. strikes hit Iranian targets, complicating bets on a Hormuz reopening that had been easing crude and shipping fears.
Russia weighs diesel, jet-fuel export curbs after attacks
Russia is considering limits on diesel and jet-fuel exports after Ukrainian attacks cut refinery run rates, raising the risk of tighter middle-distillate supplies.
Malaysia gold import duty: 10% levy jolts bullion trade
Malaysia gold import duty rises to 10 per cent on some bars, pushing costs to buyers and disrupting Southeast Asian bullion flows before June 8.
China coking coal jumps by daily limit after Shanxi blast
China coking coal jumped by the daily limit after a Shanxi mine blast raised the risk that wider safety checks will tighten supply.
Strait of Hormuz reopening may not cool oil or freight
Strait of Hormuz reopening may still leave oil, LNG and freight markets jammed as a 1,500-ship backlog, mine clearing and war-risk premiums linger.
India oil imports shift after Hormuz as Africa and LatAm gain
India oil imports are shifting after the Hormuz disruption as refiners pull more crude from Africa and Latin America to replace riskier Gulf barrels.
India gas power squeeze deepens as demand hits 270.8 GW
India's gas-fired output has dropped to a six-year low as record summer demand collides with Iran-war LNG disruption, pushing utilities back toward coal.
Oil market 'tank bottoms' in Asia signal Europe is next
Oil market shortages are spreading from Asia to Europe as inventories thin and jet-fuel users feel the squeeze before futures do.
Renminbi oil trade 2026: Iran war reroutes Hormuz flows
Renminbi oil trade is getting a live stress test as the Iran war reroutes crude flows, lifts CIPS volumes and exposes the yuan's limits.
Guinea set to unveil bauxite export curbs in June
Guinea is set to announce bauxite export curbs in June, raising the prospect of tighter ore supply after a 2025 glut sent prices lower.
IEA warns oil market could enter 'red zone' without Hormuz reopening
The IEA's warning points to a midsummer risk: reserve releases can cushion the first Hormuz shock, but not an extended squeeze into peak demand.
LNG tanker exits Hormuz for India in first post-war cargo
An LNG tanker carrying a cargo for India cleared the Strait of Hormuz, the first such Gulf shipment since the Iran war began, offering an early test of whether energy traffic is resuming.
China’s coal backstop is starting to look fragile
China coal blast fallout is testing Xi's energy-security push as Shanxi inspections, supply risk and wartime fuel stress collide.
Iran deal could reopen Hormuz and ease oil pressure
Trump's claim that an Iran deal would reopen the Strait of Hormuz gives oil traders a clearer test of whether sanctions relief and tanker access can pull the war premium out of crude.
Naphtha shortage hits Asia factories as Hormuz shock spreads
Naphtha shortage is hitting factories in Japan and South Korea, turning the Hormuz blockade from an oil shock into a broader inflation risk.
U.S.-Iran ceasefire extension nears as Hormuz may reopen
U.S.-Iran ceasefire extension talks point to a 60-day deal and phased Hormuz reopening, giving oil and tanker markets a new de-escalation signal.
China sulfuric acid ban hits copper and fertilizer
China sulfuric acid ban is tightening supply for copper leaching and fertilizer makers, raising costs as traders lose a major marginal exporter.
US fuel prices may stay high after any Iran ceasefire
US fuel prices may stay high after any Iran ceasefire, with gasoline near $4.55 a gallon as inventories, refining and travel demand stay tight.
Indonesia commodity exports: Jakarta targets trader margins
Indonesia commodity exports are at the centre of a state push to capture trader margins, tighten FX control and test how far resource nationalism can run.
India raises gold import duty to 15% to support rupee
India's gold import duty jumped to 15% as New Delhi moved to curb bullion inflows, defend foreign-exchange reserves and steady the rupee.
Gold's 2026 rally now carries a measurable war premium
Gold's geopolitical risk premium is lifting 2026 prices even as oil-driven rate fears cap rallies, leaving central-bank buying to set the floor.
US oil rig count jumps most in four years as war lifts crude
US oil drillers added 10 rigs to 425, the biggest weekly increase since 2022, as $107 crude prices began to pull shale activity higher.
Hormuz tolls keep oil risk alive as U.S.-Iran talks advance
Qatar-backed diplomacy reduced the odds of renewed fighting, but unresolved Hormuz tolls and uranium terms kept oil and shipping risk alive.
Europe oil windfall tax fight grows as Iran profits swell
Europe oil windfall tax plans are widening as BP, Shell and TotalEnergies try to defend Iran-war trading gains, buybacks and fuel margins.
Hormuz Blockade and El Niño Converge Into a Commodity Super-Inflation Storm, Citi Warns
Citi Research issued its most severe commodity inflation warning to date, arguing the simultaneous Hormuz blockade and emerging super El Niño could push Brent crude past $150 a barrel while squeezing global food supplies through fertilizer disruption and drought in the same growing season.
