UAE builds alternative oil export routes to bypass Hormuz amid Iran war
The UAE is fast-tracking new pipelines and port capacity on its eastern coast to keep oil flowing without crossing the…
Commodities News
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Saudi Aramco’s Jizan oil facility attacked again as $100 oil returns into view
Saudi Aramco's Jizan oil facility was attacked again on Monday, just over a month after a previous strike disrupted production…
Goldman Sachs Warns Oil Could Hit $120 as Middle East Shipping Risks Rise
Goldman Sachs says oil prices could rise to $120 a barrel if attacks on Middle East shipping keep escalating. The…
Oil ticks higher after fresh U.S.-Iran attacks in Strait of Hormuz
Oil prices rose Monday, extending a sharp weekly rally, after fresh U.S. and Iranian attacks on vessels in and around…
Gold Slips for Second Week as Inflation Fears and Rising Yields Weigh
Gold has fallen for a second straight week as rising Treasury yields and oil prices squeeze the non-yielding metal. Friday's…
