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.

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.

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

Crude inventory increased by 2.7M barrels for week ended April 12 - EIA

Crude inventory increased by 2.7M barrels for week ended April 12 - EIA. Commercial crude stocks for the week endedApril 12: 460M barrels. Crude inventory change: +2.7m barrels. Gasoline inventory increase by 1.2m barrels for the same week.

U.S., allies plan fresh sanctions on Iran in response to attack on Israel

U.S., allies plan fresh sanctions on Iran in response to attack on Israel. Iran launched missiles and drones over the weekend targeting Israel. The U.S. Will impose new sanctions in the coming days on Iran's missile and drone program. Iran's attack was in retaliation for an air strike on an Iranian consulate in Syria. The House of Representatives voted to impose sanctions on Chinese financial institutions.

Oil stays flat as Middle East worries offset by higher-for-longer rates outlook

Crude oil futures end little changed as Middle East worries offset by higher-for-longer rates outlook. Analysts believe Israel's response to Iran's missile attack will be limited in scope. Strong U.S. Retail sales in March reinforce expectations the Fed will not cut interest rates before September.

Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat

Commodities Energy Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat. Gold prices clocked another record-high settlement of $2,383/oz on Monday. Citi expects gold prices to hit a record high over the next 6–18 months.

Possible Rising Recriminations Face The Stock Market

Oil's rally takes a breather but traders await Israel's response to Iran attack

Crude oil futures fall as traders await Israel's response to Iran's weekend missile and drone attack. Investors worry the breadth of the assault may leave Israel with no choice but to retaliate. Oil prices had risen to their highest since October in anticipation of Iran's attack. The outlook for oil seems to hinge on the Israeli response to the attack, analysts say. Citi raised its short-term oil price forecast.

5 ETFs Likely to Benefit From Iran's First Direct Attack on Israel

Tensions In The Middle East Likely To Bode Well For Oil Bulls

Surge in oil prices unlikely despite rising geopolitical risks, ANZ says

Analysts at ANZ don't expect an immediate reaction in crude oil prices despite rising geopolitical risks. The oil market has been on the edge since a suspected Israeli air strike on Iran's embassy in Syria. Oil prices fell more than 1% on Monday, but ANZ says the risk of a wider war is priced in.

Weekly Report: what happened at BNO last week (0408-0412)?

Oil slips after Iran's attack on Israel; markets expect limited Israel response

Oil slips after Iran's attack on Israel; markets expect limited Israel response. Iran's missile and drone assault on Israel caused little damage. May WTI crude oil futures trade lower; prices largely priced in the attack. Big Oil names show mixed results in the pre-market.

What Inflation And Geopolitical Uncertainty Could Mean For Oil Prices

Bart Melek, Global Head of Commodity Strategy at TD Securities, speaks with Kim Parlee about the outlook for oil prices. The price of oil is up 20% year to date. He says geopolitical tensions and inflation are factors in the rise in prices.

Commodity Roundup: Israel-Iran conflict adds to gold's safe-haven appeal

Gold prices hit a record high of $2,431.29 per ounce on Monday. Tensions in the Middle East add to safe-haven demand for gold. London Metal Exchange bans delivery of new Russian metal. Brent crude oil prices fall more than 1% to below $90 a barrel.

Brent crude tops $90 on Mideast fears, but IEA sees slower global oil demand growth

Crude oil futures settle higher Friday after touching their highest intraday levels in six months. The IEA sees slower global oil demand growth for 2024. The energy sector ended the week with losses for the full week. U.S. Crude stocks rose sharply and inflation came in hotter than expected.