Drone strike shuts Saudi Arabia's key East-West pipeline; Hormuz talks delayed
Drone attack shuts Saudi East-West pipeline, disrupting oil supply as Hormuz talks stall and Houthis advance.
13/09/2026 22:3217 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Oil surges, equities slide as risk-off opens new week
Oil jumped and stock futures fell at the week's open on unresolved Middle East tensions and OpenAI's IPO retreat.
13/09/2026 22:2113 min read
Iran says Gulf states requested postponement of Hormuz meeting
A planned Hormuz meeting between Iran and Gulf states has been postponed at the request of regional countries. The delay adds uncertainty to oil markets.
13/09/2026 20:2215 min read
Gold's Head-and-Shoulders Pattern Threatens Fall Below $4,000
Gold near $4,347 neckline; CPI data may decide if break to $3,950 occurs. Pattern unconfirmed.
12/09/2026 01:1210 min read
Houthi attack forces shutdown of critical Saudi pipeline
Houthi strikes on multiple pumping stations have shut down Saudi Arabia's critical east-west pipeline, cutting off up to 7 million barrels per day.
11/09/2026 19:018 min read
Oil tanker ETF BWET posts 5,100% annual gain, tops US funds
The Breakwave Tanker Shipping ETF (BWET) has gained 5,100% over the past year, driven by Iran war and shipping disruptions.
11/09/2026 18:3112 min read
Oil drops after attacks on Saudi pipeline; WTI retreats from $104 high
Oil prices dropped as WTI crude fell from a high of $104.46 to trade around $100, despite fresh attacks on Saudi energy infrastructure.
11/09/2026 17:019 min read
Gold retreats to $4,300 support as oil surge boosts rate hike bets before US CPI
Gold trades near $4,300 support as oil surge fuels rate hike bets ahead of US CPI data.
11/09/2026 09:5410 min read
National Diesel Average Reaches $6, 28 States Hit Record Highs
Diesel hit $6 per gallon nationally for the first time, with 28 states recording all-time highs as crude oil prices remain elevated.
11/09/2026 09:279 min read
Iran-backed Houthis in Yemen seize full control of Bab el-Mandeb Strait
Houthi forces in Yemen have taken Bab el-Mandeb, pressuring energy routes already hit by Iran's actions at Hormuz.
11/09/2026 08:314 min read
Oil's leap above $100 strengthens Iran's negotiating position
Oil prices surged above $100 a barrel, boosting Iran's leverage ahead of GCC-Iran talks on Monday.
11/09/2026 07:018 min read
Oil holds near multi-year highs as pipeline fire reports swirl; Asia stocks fall
Oil prices stayed near recent highs as unverified pipeline fire reports emerged, while Asia-Pacific stocks fell on geopolitical and rate worries.
11/09/2026 03:5113 min read
Houthis assert full Bab el-Mandeb control; wires yet to confirm
Houthis claim complete control of Bab el-Mandeb Strait, but independent wire services have not verified the takeover.
11/09/2026 03:0117 min read
Maritime attack near Hormuz confirmed amid unverified satellite claims of Saudi pipeline hit
A confirmed attack on two vessels near the Strait of Hormuz and unverified satellite images suggesting possible damage to Saudi Arabia's East-West pipeline…
10/09/2026 21:5114 min read
Brent oil surges as Houthi attack on Saudi East-West pipeline suspected
Brent oil rises amid reports of Houthi attack on Saudi pipeline and Iranian missile strikes on vessels in Strait of Hormuz.
10/09/2026 21:412 min read