Oil rises and Gulf markets rally as Trump threatens Iran sanctions over Strait of Hormuz
Oil prices climbed and most Gulf stock markets closed higher after President Donald Trump threatened new economic sanctions against Iran's...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
China’s customs delays on germanium exports squeeze Taiwan’s aerospace and optical sectors
China is holding germanium and quartz-based material shipments in customs limbo before they reach Taiwan, and industry insiders say the...
Occidental works to shed Anadarko-deal debt as new CEO takes over
Occidental Petroleum's new chief executive Richard Jackson is working to steady the shale producer after the volatile tenure of Vicki...
China’s oil import cuts drive $30 drop in global crude prices amid Iran tensions
China's decision to cut oil imports by 5.5 million barrels per day has reportedly driven a $30 drop in global...
Ship traffic through the Strait of Hormuz jumps amid unresolved Iran-Israel-US conflict
Ship traffic through the Strait of Hormuz jumped to nearly 200 vessels last week, up sharply from the prior two...
