Section
Commodities
China rare-earth controls hit MP Materials, USA Rare Earth
China rare-earth controls hit MP Materials and USA Rare Earth, tightening pressure on US critical-minerals supply chains and defense-linked industry.
Goldman’s gold cut puts the Fed back in charge of bullion
Gold price outlook 2026 shifted lower after Goldman cut its year-end target to $4,900 as the Fed’s hawkish reset pushed yields and the dollar higher.
Hormuz tanker traffic jumps, but shipping stays below prewar
Hormuz tanker traffic jumped to 20 vessels on Thursday, but toll uncertainty, naval clearance work and low ship counts still cloud a full reset.
China oil refiners cut output as imports plunge
China oil refiners cut output to a near four-year low after May crude imports fell 29 per cent, testing Asia's demand outlook.
CFTC weighs CME 24/7 oil futures block as risk rises
CFTC CME 24/7 oil futures scrutiny could slow a 10-barrel WTI contract as regulators test always-on crude trading.
Oil surges 5.1pc to $93 as US strikes Iran for second night; stock futures slide
Oil surged 5.1 per cent to $93.15 a barrel and US stock futures fell after the American military launched a second consecutive night of strikes on Iran, putting further strain on a fragile ceasefire.
OPEC quota hike looks symbolic as Hormuz traps oil
OPEC quota hike adds 188,000 bpd for July, but Hormuz disruption means much of the extra crude may not reach buyers.
Oil inventories thin out, raising Hormuz shock risk
Oil inventories are thin enough that another Hormuz setback could hit fuel prices, inflation and risk assets harder than futures imply.
Oil falls as Lebanon ceasefire trims crude war premium
Oil falls as Brent drops to $97.03 and WTI to $95.32, with traders trimming war premium but keeping Hormuz risk in view.
Hormuz LNG trade goes dark as Iran war rewrites routes
Hormuz LNG trade is moving through dark transits as war-risk premiums surge and US-guided passages redraw shipping rules.
DRC lithium tax rises to 10% in battery-metals shift
DRC lithium tax will rise to 10% from 3.5%, adding cost pressure to Manono as Congo seeks more revenue from battery metals.
Hormuz reopening doubts challenge oil relief trade
Hormuz reopening doubts are exposing a gap between oil’s relief trade, Kalshi odds and shipowners still waiting for clear transit rules.
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.
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.
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.
Ghana gold purchases rise to 30% of mine output in June
Ghana gold purchases will rise to 30% of large mines' output as the central bank builds reserves and pushes more doré into local refining.
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.
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.
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.
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.
Australia LNG Reservation Extended to Existing Export Contracts
Australia is extending its LNG domestic reservation requirement to cover existing export contracts, escalating government intervention in energy markets as the Iran war keeps global supply fears at the top of policy agendas.
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.
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.
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.
