Markets
Oil closes in on $100 as renewed supply crunch looms
Traders warn that ‘something has to break’ amid attacks on shipping and eroding inventories
Latest
Markets
Saudi Aramco oil facilities hit in new strikes
Jizan, near the Yemeni border, has been repeatedly targeted by Houthi rebels in their campaign against Saudi Arabia
macro
Iran to Expand Hormuz Enforcement Zone, Russia Launches Arctic Oil Terminal, CME Lists Compute Futures
Today's Digest covers Iran's Hormuz enforcement and South Korea threat, Vostok Oil, Nvidia GPU futures, Japan treasuries selloff, US jobs revisions, PA measles deaths, Flock lawsuit, AfD win, UK speech arrests and voter-roll ban.
Energy
India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates
India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week as international crude prices rallied amid intensified hostilities in the Middle East. The so-called Crude Oil FOB Price, or the Indian Basket of average sweet and sour gra
Geopolitics
Norway’s $80 Billion Treasury Retreat Is the Canary In the Bond Market - TradingView
Norway’s $80 Billion Treasury Retreat Is the Canary In the Bond Market - TradingView
Energy
Saudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate
Saudi Aramco's 400,000-barrel-per-day Jizan refinery was hit in a new attack Monday, threatening a major Red Sea refining hub while Saudi Arabia is moving more oil west to avoid the Strait of Hormuz. The Financial Times reported that the facilities in southwestern Saudi Arabia were hit Monday, citin
Markets
Gold Slips on Fed Rate Fears as China's Russian Gold Imports Surge - BullionVault
Gold Slips on Fed Rate Fears as China's Russian Gold Imports Surge - BullionVault
macro
Iran’s Rial crashes to record low as US sanctions bite; Iranians blame Islamic regime for deepening economic crisis - organiser.org
Iran’s Rial crashes to record low as US sanctions bite; Iranians blame Islamic regime for deepening economic crisis - organiser.org
Markets
China Central Bank Adds Most Gold Since 2023 Even as Prices Jump - Bloomberg.com
China Central Bank Adds Most Gold Since 2023 Even as Prices Jump - Bloomberg.com
Energy
Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks - WSJ
Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks - WSJ
Geopolitics
BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow
BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow
Geopolitics
S&P lowers Senegal currency ratings, warns of debt default risk - Africa Business Communities
S&P lowers Senegal currency ratings, warns of debt default risk - Africa Business Communities