Oil prices climb as Iranian demands cloud outlook for Strait of Hormuz - Al Jazeera
Source: Al Jazeera
―
DW NOTE
Iran shut the Strait of Hormuz five months ago, cut global oil supply by 8 million barrels per day, and WTI is trading at $78 — down 31% from its highs. The price of oil is no longer about supply. It's about who still believes the global economy will need it.
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor
Gold Silver Ratio September 2026: Market Insights - GoldSilver
World's largest Sovereign wealth fund to cut U.S. treasury holdings - FXStreet
Gold alert: Russia keeps selling gold while China keeps buying and the Netherlands move some gold - KITCO