Commodities
Brent Closed Above $100 for the First Time Since August 2022.
Brent settled at $100.46 on Thursday, its first close above $100 since August 2022. Iran's new supreme leader vowed to keep Hormuz closed. The Fed is frozen. Here's what actually matters.
Commodities
The IEA Just Released More Oil Than Ever Before. The Market Didn’t Care.
The IEA released a record 400 million barrels of emergency oil reserves on Wednesday. Brent still closed above $91. WTI settled up over 4%.
Americas
Oil Touched $120 and Crashed to $86 in the Same Session. Here’s What Actually Changed.
Brent hit $119.50 and crashed to $86 in the same session. Trump said the war is "very complete." Iran said that's nonsense. Here's what the curve is pricing.
Europe
US Gasoline Just Posted Its Biggest Weekly Jump Since Russia Invaded Ukraine. Diesel Is Worse.
US gasoline hit $3.41, up 14% in a week. Diesel surged 15.3%. The biggest weekly pump price jump since Russia invaded Ukraine. And the strait is still closed.
Americas
Brent Just Posted Its Biggest Weekly Gain Since Russia Invaded Ukraine. The Parallels Don’t Stop at the Price.
Brent hit $85.85 — a 52-week high. Oil posted its biggest weekly gain since Russia invaded Ukraine. But this time the supply isn't rerouted. It's trapped.
Americas
Qatar Just Took a Fifth of the World’s LNG Offline. America Can’t Fill the Gap.
Iranian drones shut down Ras Laffan, the world's largest LNG export complex. European gas futures surged 54%. US terminals are maxed out with no spare capacity.
Americas
Gold Touched $5,400 Before the Fed Trade Killed the Morning
Gold tests $5,400 as Iran war drives haven demand before gains fade on Fed rate hike fears, with central banks holding 863 tonnes bought in 2025 and ETF inflows at a record $89 billion.
Europe
A Shahed Drone Just Hit the Biggest Refinery in the Middle East. Monday’s Oil Open Will Be Ugly.
Iranian Shahed-136 drone hits Saudi Aramco's Ras Tanura refinery, shutting 550,000 bpd. Brent surges 9% past $79. First strike on Gulf energy infrastructure.
