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News
Iran, Gulf States Delay Oman Talks on Strait of Hormuz Shipping; No New Date Set
18+ hour, 21+ min ago (99+ words) Iran and Gulf states have delayed talks in Oman that were set to address shipping through the Strait of Hormuz. Walter Bloomberg reported on September 13, citing Omani Foreign Minister Badr Albusaidi, that the meeting originally scheduled for September 14 had been…...
US Energy Secretary Urges Caution on Hopes for Quick Iran Hormuz Talks
20+ hour, 18+ min ago (197+ words) U.S. Energy Secretary Chris Wright said markets should be cautious about expectations that **Strait of Hormuz talks** with Iran will be concluded quickly. Wright said about **10 million barrels** of **crude oil** a day are being supplied through alternative shipping routes, leaving…...
IBK Says Middle East Price Pressures Are Building, Raising Odds of September Fed Hike
3+ day, 14+ hour ago (232+ words) Geopolitical instability in the Middle East is pushing up global oil and commodity prices, bringing the possibility of another Federal Reserve rate increase back into focus, according to a report from IBK Investment & Securities. In a Sept. 11 report, IBK Investment…...
Iran Directly Targets US Warships, Raising Risk of Wider Hormuz Escalation
3+ day, 12+ hour ago (274+ words) Iran has repeatedly launched missile attacks directly at US warships, including a US aircraft carrier, sharply raising the risk of an expanded US-Iran war. The strategy appears aimed at breaking the stalemate by increasing Washington’s military costs in the Strait…...
Iran Restarts Ballistic Missile Production at Underground Facilities Using Stockpiled Parts
3+ day, 18+ hour ago (134+ words) Iran has reportedly resumed **ballistic missile production** using stockpiled **parts** at underground military facilities. It said Iran is restoring its **missile production capacity** with remaining **parts and equipment** even after attacks by the U.S. and Israel. **Parts and production infrastructure** stored…...
War, AI and Dollar Distrust Ignite Rare ‘Everything Rally’ in Commodities
4+ day, 1+ hour ago (398+ words) Global commodity markets have entered what would be the sixth “super rally” since World War II, with prices for oil, metals and grains climbing to their highest levels in 18 years. The FTSE/CRB Commodity Index, a broad gauge of raw-material…...
Trump Says He’ll Give Every US Adult $5,000 if Republicans Win Midterms
4+ day, 2+ hour ago (278+ words) President Donald Trump said he would give every adult in the US $5,000 if Republicans win the November midterm elections. But the proposal appears unlikely to be implemented because of questions about its legal basis. Trump made the pledge in a…...