Oil Falls to $70-73 a Barrel as Strait of Hormuz Reopens Under US-Iran Deal
Oil prices have fallen to $70–$73 a barrel from wartime peaks near $120 after a US-Iran memorandum of understanding reopened…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Drone Explodes Near Bulgaria’s Trans-Balkan Gas Pipeline After Crossing From Romania
A drone crossed from Romania into Bulgarian airspace and exploded in a sunflower field near the Kardam border crossing on…
Iran Says Hormuz Deal With Oman Is Close but Won’t Reopen Strait Alone
Iran says a deal with Oman on managing traffic through the Strait of Hormuz is close, but stresses that agreement…
US commits $400 million to build world’s first primary scandium mine in Australia
The US Department of War will lend $400 million to Sunrise Energy Metals to build the Syerston Scandium Project in…
Missile strikes ADNOC tanker in Strait of Hormuz as attacks reach 15 vessels
A missile struck an Abu Dhabi National Oil Company vessel crossing the Strait of Hormuz, the 15th ADNOC ship hit…
