Commodities -Middle East

Commodities

Brent Just Posted Its Steepest Monthly Gain on Record. Trump Said He Wants to Take Iran’s Oil.

Brent surged 55% in March, the largest monthly gain on record. Trump told the FT he wants to seize Kharg Island. WTI crossed $100. The war just changed shape.
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%.

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