Energy

Oil climbs after Yemeni Houthis attack Saudi Aramco sites - reuters.com

―

DW NOTE

Saudi Aramco facilities are attacked while the Strait of Hormuz sits in its eighth day of closure, the East-West Pipeline remains offline, and global oil supply is already down 6% this year. WTI trades at $91, down 19% from its one-year high. Either the market believes this ends quickly or it hasn't priced what happens when you lose both the waterway and the backup infrastructure simultaneously.

Read the full story at reuters.com →

The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout

Concerns about management of economy trigger worst day for currency in more than 25 years

Oil climbs after Yemeni Houthis attack Saudi Aramco sites - reuters.com

Read more

Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout