Kuwait signs $16 billion oil pipeline deal with Blackstone, KKR and Brookfield
Kuwait Petroleum Corporation has signed a $16 billion lease and leaseback deal covering its crude oil pipeline network with Blackstone,…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Crop Prices Hit Three-Year High as Hormuz Closure and Black Sea War Squeeze Supply
The closure of the Strait of Hormuz has blockaded roughly 30% of the Middle East’s annual fertilizer exports, helping push…
Barclays sees upside risk to its $96 2026 Brent forecast as Hormuz standoff drags on
Barclays says the risks to its 2026 Brent forecast are tilted higher the longer the standoff over the Strait of…
Brent Crude Pulls Back From $100 as US-Iran Talks and Red Sea Flows Ease Supply Fears
Brent crude retreated from $100 a barrel on Friday, falling roughly 4% as reports on US-Iran diplomacy and continued Red…
Kalshi Traders Cut Odds of Strait of Hormuz Reopening Below 50%
Traders on the prediction market Kalshi now give less than even odds that shipping through the Strait of Hormuz returns…
