Trump backs diesel export ban; analysts flag potential backfire
Trump backs US diesel export ban to fight high prices; analysts caution it may backfire.
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Trump backs US diesel export ban to fight high prices; analysts caution it may backfire.
Oil prices fell as Saudi supply resumed and US-Iran talks progressed, but Trump's post-midterms timeline for a deal capped losses.
US and Iranian officials met in New York for direct talks, with Tehran setting conditions to reopen the Strait of Hormuz. No agreement reached but progress…
Trump and Bessent discussed a diesel ban. Trump reported Iran talks lasted 3 hours and 'went very well,' with another planned. Witkoff said they feel good;…
Trump says at UN he expects an Iran deal after US midterms, a claim he's made before.
Gold trades in a range as moving averages near $4,330-$4,344 offer key clues to the next move.
Oil declined as Saudi Arabia restarted its East-West pipeline. The dollar surrendered early gains, while stock futures pointed higher.
Oil prices fell as Iran proposed reopening Hormuz and Saudi Arabia prepared to resume exports, though Fars denied the Iran report.
Fars News denied earlier reports that Iran would reopen the Strait of Hormuz if the US eases its blockade, causing oil price fluctuations.
Saudi Arabia is set to resume crude exports from Yanbu after repairing the East-West pipeline, easing supply fears and pushing oil prices lower.
Silver stays supported as Iran offers to reopen Strait of Hormuz, easing oil prices and rate hike fears.
Brent crude trades near $100 as markets await US-Iran talks. The piece examines what a sustained break below $100 could mean for markets.
Oil prices fell as de-escalation hopes rose with Gulf leaders urging a reset with Iran, and US constraints grew. Technicals show support near $93.
Gold fell back toward $4,330 as technical levels around $4,300-$4,330 become key support. The rebound from last week is being tested.
US Treasury Secretary Bessent said all Iranian airlines will be shut down globally from September 23, threatening to cut off any service providers from the…