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UK GDP expected to show moderate Q2 growth
The United Kingdom’s (UK) Office for National Statistics will release the preliminary estimate of th...
United States Dollar Index stalls post-CPI bounce near 100.00 on receding Fed hike bets
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, continues its ...
PBOC sets USD/CNY reference rate at 6.7888 vs. 6.7882 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thu...
Why the Latest Oil Rally May Be Far From Over
The dual disruption of Hormuz and Bab el-Mandeb is tightening global oil flows, raising transport costs and fueling expectations of $100 oil. Friday, July 24, 2026 The double blockade of the Strait of ...
How the U.S. Became the World's LNG Superpower
Global liquefied natural gas exports grew by about 1.2 trillion cubic feet in 2025. The United States supplied approximately 1.10 trillion cubic feet of that increase. Put another way, roughly 93% of ...
India Scours Angola, Venezuela for Crude as Mideast Supply Dries Up
Indian refiners are in search of crude supply from as far as Angola in Africa and Venezuela in South America as their term supplies from the Middle East are trapped again and unable to reach India as ...
ADNOC Issues Seventh Crude Tender Since June Despite Hormuz, Red Sea Risks
Abu Dhabi National Oil Company ADNOC has issued its seventh tender offering crude from the United Arab Emirates since the beginning of June, expecting to sell millions of barrels of oil between August ...
No Breakthrough as Top U.S. and Russian Diplomats Meet Over Ukraine
The top US and Russian diplomats met in a new push to find an end to Moscow's more-than-four-year-old war on Ukraine, but both sides signaled no new breakthroughs or cause for optimism. The July 23 me ...
Pakistan Transporters Threaten Nationwide Strike Over Fuel Price Hikes
Pakistan’s alliance of goods transporters has warned it could launch a nationwide strike over soaring fuel costs in another economic pressure that the South Asian country is feeling from the Middle Ea ...
Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes
Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since May 7, as war risks spiked this week to hike crude oil prices above $100 per barrel again. Three ta ...
Saudi Crude Tanker Goes Dark to Slip Through Bab el-Mandeb
At least one oil tanker carrying Saudi crude oil has transited the Bab al-Mandeb Strait with its transponder switched off as risks to vessels in the Red Sea spiked this week after the Houthis announce ...
WTI Explodes Higher as Middle East Shipping Risks Multiply
September WTI crude oil futures were trading at $92.31 late Thursday, up $10.54 or 12.89% for the week. The contract posted a weekly low at $79.58 before climbing to a weekly high at $92.31. This was ...
The Middle East War Has Entered Its Most Dangerous Phase Yet
Politics, Geopolitics & Conflict Iran has spent the week attacking the military infrastructure that allows the U.S. to wage war across the Middle East. After 12 consecutive nights of U.S. strikes on I ...
Trump’s Nuclear Gamble Could Spell Disaster for the Middle East
Trump likes to test big ideas in real time, and very publicly. Earlier this week, Washington was prepared to surrender one of its most valuable bargaining chips with Saudi Arabia, without the conditio ...
The Best Way to Invest in America's Electrification Boom
As an energy investor, I am sure you are aware of the expected impact of the AI boom. The servers that AI platforms require demand enormous amounts of power. That, along with expected demand increases ...