UAE oil output hits record 4.1 million barrels a day after leaving OPEC
The UAE pumped a record 4.1 million barrels of oil a day in June 2026, its highest output ever and…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Airlines still scrambling for jet fuel as Hormuz disruption drags on
Airlines are still struggling to secure jet fuel months after the closure of the Strait of Hormuz, with Europe forecasting…
Iran ties Strait of Hormuz reopening to US ‘rectifying its behaviour’
Iran's top security official said Tehran will not reopen the Strait of Hormuz until the United States changes its conduct,…
JPMorgan Sees Gold Topping $5,000 an Ounce by Q4 2026
JPMorgan Chase expects gold to climb past $5,000 an ounce by the fourth quarter of 2026, a forecast tied to…
UAE Tanker Hit by Missile in Strait of Hormuz as Iran Sets Reopening Terms
A missile struck an ADNOC-affiliated tanker in the Strait of Hormuz early Saturday, and Iran's Revolutionary Guard says the waterway…
