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British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling holds firm within familiar levels after the US inflation report was aligned with ...
Update: US Equity Indexes Mixed After Annual Inflation Eases, Iran Geopolitics Worsens
(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)...
Post-inflation relief supports risk appetite
In-line inflation figures have kept stocks on an even keel and given gold a boost, says Chris Beauch...
New Jersey Bets Big on Small Nuclear Reactors
The newest frontier for the global nuclear renaissance is none other than New Jersey. This month, the state officially enacted a law launching a competitive procurement process to review and select a ...
BP, ConocoPhillips Partner In Iraq’s Giant Oilfield
ConocoPhillips (NYSE:COP) agreed to acquire a 42% stake in BP Plc’s (NYSE:BP) development subsidiary covering four major oilfields in the Kirkuk region of northern Iraq, with the partnership aiming to ...
US Oil Drilling Picks Up As Brent Gains 4%
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588 ...
Oil Markets Ignore Mounting Risks at Their Own Peril
Escalating U.S.-Iran hostilities, attacks on critical infrastructure, and near-halted Hormuz tanker traffic are fueling expectations of higher oil prices. Friday, July 17, 2026 US forces striking civi ...
Trump-Backed Trade Corridor Moves Closer to Reality in Armenia
The Armenian government approved a bill on July 16 to formalize the country’s role in the development of the Trump Route for International Peace and Prosperity, or TRIPP, which is envisioned as a key ...
U.S. Expands Iran Strikes as Tehran Retaliates Across the Gulf
US forces stepped up attacks on Iranian sites, reportedly striking key bridges, railways, and an airport, prompting retaliatory action by Tehran, even while the White House said talks between the warr ...
Geopolitical Risk Premium Returns as Crude Posts Biggest Weekly Gain in Months
September WTI crude oil posted its strongest weekly gain in months, rallying over 11% as traders rapidly rebuilt a geopolitical risk premium into the market. After opening the week near $72.50, prices ...
China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week
Following the surge in international crude oil prices in the past week, China will raise the domestic retail prices of gasoline and diesel, effective July 18, the state economic planning commission sa ...
Iran Expands Oil Chokepoint Threat as Houthis Eye Red Sea Shipping
Iran has instructed Yemen’s Houthis to prepare to disrupt the Red Sea oil route if the United States attacks Iranian power infrastructure. Missiles and drones have reportedly been deployed near the Ba ...
Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports
Politics, Geopolitics & Conflict Baghdad is assembling a westward export system capable of carrying southern Iraqi crude to the Mediterranean through Syria or Turkey. Iraq has brought Chevron, U.S. in ...
China Seeks Long-Term LNG Deals Beyond the Strait of Hormuz
China’s giant state LNG importers are in talks to secure long-term LNG supplies from exporters that don’t need the Strait of Hormuz, as the world’s biggest LNG buyer seeks to reduce its exposure to ga ...
South Korea Bets on Red Sea Route as Hormuz Disruptions Persist
Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been increasingly betting on the Red Sea route and the Saudi export terminal of Yanbu to load oil on ...