Situation In Iran's Isfahan Is Normal, No Explosion Taken Place On Ground; Iran's Nuclear Facilities Remain Unharmed

Iranian Fars News Agency, 'The Sound Of Three Explosions Has Been Heard Near An Army Base In Northwest Isfahan'; Air Defense Systems Have Been Activated In Response To 'An Object Suspected To Be A Drone', Sources Say

"Israel Retaliates As Missiles Strike A Site In Iran, US Officials Say" - ABC News

U.S. Official confirms Israeli missiles have hit a site in Iran. An explosion was heard in the city of Qahjavaristan, Isfahan. Iran launched hundreds of missiles and drones into Israel last weekend. Israel's Iron Dome defense system intercepted 99% of the 300 threats.

Iran oil exports hit six-year high, exposing limits in U.S.-led bid to stifle crude sales

Iran is exporting more oil than at any time in six years. U.S. Crude oil futures finished little changed Thursday. Fears of conflict in the Middle East fade as market resumes worries over global oil demand growth. Iran oil exports hit six-year high as China is the biggest buyer of its crude.

Geopolitical Conflict Threatens Yet Another Shipping Choke Point

The Strait of Hormuz is a vital artery that carries around a fifth of the world's oil. The Red Sea to the Gulf of Aden is a key route for global oil and LNG transport. Geopolitical conflict in the Middle East could disrupt global shipping routes. More than 80% of global goods trade is transported by sea. The Strait is one of three key maritime choke points facing disruption.

"The U.S. Just Changed How It Manages A Tenth Of Its Land; The Interior Department Rule Puts Conservation And Clean Energy Development On Par With Drilling, Mining And Resource Extraction On Federal Lands For The First Time" - The Washington Post

Interior Department's final rule puts conservation, renewable energy development on equal footing with resource extraction on public lands. The final rule is expected to draw praise from conservationists and legal challenges from fossil fuel industry groups. The BLM will auction off leases to entities with plans to restore or conserve public lands for the first time. The rule is a seismic shift in management of 245 million acres of public land.

U.S. Imposes New Curbs On Iran's Access To "Low-Level" Technology In Response Its Attack On Israel And Cooperation With Russia Against Ukraine

US Intensifies Economic Pressure On Iran In Response To Attack On Israel: 'We Will Continue To Deploy Our Sanctions Authority,' Yellen Says

U.S. Treasury announces new sanctions against Iran following the April 13 attack on Israel. Sanctions target 16 individuals and two organizations involved in developing Iran's Unmanned Aerial Vehicle capabilities. The Treasury is also taking action against Iran's steel industry in addition to Iran's military. The U.S.-led measures follow the G7 nations' call for coordinated measures against Iran.

Yemen's Houthis Chief Says Group Launched 14 Operations In Red Sea, Gulf Of Aden, Arabian Sea Reaching Indian Ocean; Our Operations So Far Targeted 98 Ships

Energy Sector Update for 04/18/2024: KMI, TTE, LBRT, XLE, USO, UNG

Iran's Guards Commander Haghtalab Says Ready To Launch 'Powerful Missiles To Destroy Designated Targets' In Israel

What Iran's Attack Means For Commodities

Investing in politically sensitive commodities, such as oil and metals, could mitigate the potential impacts of rising geopolitical turmoil. Iran’s direct attack on Israel may carry significant implications for global commodity markets. The threat of further Iran-Israel escalation combined with sanctions on Russian metals underscores the need for diversification into geopolitically sensitive commodities.

Asia And Europe Markets Recover While Crude Oil Slides - Global Markets Today While US Slept

U.S. Stock markets ended lower on Wednesday amid dropping oil prices and geopolitical tensions. Tech stocks led the Nasdaq lower as inventories of crude oil increased by 2.735 million barrels for the week ending April 12. Japan's Nikkei 225 index finished the trading day higher on Thursday.

Commodity Roundup: Natural gas rises ahead of inventory data, oil extends losses

Natural gas futures rose on Thursday ahead of weekly natural gas storage report. Oil futures fell for a fourth straight session as demand worries outweighed Middle East supply risks. Energy Information Administration reported fourth straight weekly build in U.S. Commercial crude inventories for the week ended April 12.

Middle East Escalation Boosts Oil Supply Risks

Risks to Middle East oil supply are at their highest since October last year. The oil market continues to be supported by ongoing tensions in the Middle East. Price action in the oil market has been surprising following Iran's attack on Israel. The risk of disruption to Middle Eastern supply is growing. Stricter enforcement of oil sanctions against Iran, Israel retaliating and Iran attempting to block the Strait of Hormuz are key risks to oil supply.

U.S. crude oil drops by most since January as supplies rise more than expected

U.S. Crude oil drops by most since January as supplies rise more than expected. Fourth straight weekly build in inventories and weaker economic data from China outweighed Middle East tensions. Front-month crude prices drop to their lowest in three weeks. China's economy grew by a stronger than expected 5.3% in March, but other indicators point to lackluster demand.

Venezuela Oil Minister Says US Sanctions Won't Have Impact

Powell Turns Hawkish - Is Higher For Longer Now 'Higher Until Recession'?

Fed Chair Jerome Powell signals a hawkish turn in monetary policy. Powell ruled out interest rate cuts until inflation falls sustainably or the labor market weakens. The Fed's dovish pivot in 2023 boosted inflation and delayed the recession. The S&P 500 is facing a recessionary bear market.

Powell Shifts But Does Not Admit He Was Wrong, Opportunity In AI Driven Semiconductor Chip Equipment Maker

Arora Report: Momo and Smart Money In Stocks are buying stocks in the early trade. The momo crowd continues to aggressively buy stocks to profit from the artificial intelligence boom. The smart money is buying gold and silver. The Arora Report looks at a new opportunity in AI ahead.

USO ETF Experiences Big Inflow