[ Market Sector ]

Commodities & Energy

Gold, crude oil, natural gas, metals, and agricultural futures.

Trump Accuses Major Oil Firms of Price Gouging Amid Fuel Price Probecommodities

Trump Accuses Major Oil Firms of Price Gouging Amid Fuel Price Probe

U.S. President Donald Trump has publicly accused major oil companies, including Shell, ExxonMobil, BP, and Chevron, of price-gouging consumers. The accusation comes as the administration initiates a probe into rising fuel prices, signaling increased government scrutiny on the energy sector's pricing strategies and their impact on drivers and the broader economy.

RSS Wire Markets BureauJun 25
UK Inflation Set to Rise Amid Iran Conflictcommodities

UK Inflation Set to Rise Amid Iran Conflict

The war in Iran may push UK inflation above the Bank of England's 2% target, driven by potential supply chain disruptions and commodity price increases.

RSS Wire Markets BureauJun 17
Illicit Iranian Fuel Trade to Pakistan: Bikers Brave Extreme Risks Amidst Sanctions and Scarcitycommodities

Illicit Iranian Fuel Trade to Pakistan: Bikers Brave Extreme Risks Amidst Sanctions and Scarcity

A perilous illicit fuel trade route sees bikers smuggling Iranian fuel into Pakistan, enduring extreme heat and armed conflict. This high-risk operation highlights the desperate measures to meet energy demand in the region, circumventing official channels and sanctions, with significant implications for regional commodity markets and supply chain integrity.

RSS Wire Markets BureauJun 16
Oil Plunges, Equities Soar as US-Iran Deal Reopens Crucial Strait of Hormuzcommodities

Oil Plunges, Equities Soar as US-Iran Deal Reopens Crucial Strait of Hormuz

Global markets reacted positively to news of a US-Iran agreement, with oil prices falling sharply and stock markets rallying. The deal, announced by President Trump, includes the reopening of the vital Strait of Hormuz, a key chokepoint for global oil shipments, signaling reduced geopolitical risk and improved supply security.

RSS Wire Markets BureauJun 15