Iranian agency reports oil tanker explosion after naval mine strike in Strait of Hormuz
An Iranian news agency linked to the country’s armed forces reports that an oil tanker exploded after hitting a naval...
Metals & Energy News
Latest news on metals and energy commodities — copper, platinum, palladium and other commodity markets beyond gold, silver and oil.
Deadly Chile storm halts copper mines as supply deficit warnings mount
A storm in Chile has killed at least 13 people and forced Lundin Mining, Antofagasta and Codelco to halt copper...
Core PCE stays sticky near 3.4% after Trump says he loves the inflation
Core PCE, the inflation gauge the Federal Reserve watches most closely, has hardly moved even as headline inflation retreated in...
Brent’s $100.69 Close Lifts July 29 Fed Hike Odds Into the Mid-30s
Brent crude settled near $100.69 on July 23, its highest close since May, and futures traders answered by pricing roughly...
Houthis strike Saudi Red Sea oil ports as U.S. pauses Iran air strikes
Houthi militants fired on Saudi oil installations at two Red Sea ports on Saturday, while the U.S. skipped air strikes...
