Transport costs emerge as the next phase of the oil crisis
Middle East conflict drives shipping costs to over a quarter of oil prices, keeping inflation risks alive even if crude stabilizes.
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Middle East conflict drives shipping costs to over a quarter of oil prices, keeping inflation risks alive even if crude stabilizes.
Gold fell under $4,200, the lowest level in almost eight weeks, as Treasury yields rose and oil prices climbed. The next target is $4,000.
Gold fell below $4,200 as yields rose; oil climbed on Iran tensions; Japan services PPI rose 3.7%.
US diesel prices posted a record annual gain, echoing the 2008 gasoline spike and raising concerns about persistent inflation.
Goldman Sachs says a US diesel export ban would lower American prices by 4% and raise European costs by 2%, while risking higher gasoline prices at home.
Gold slid below $4,230 after a support shelf built from Sept 24-25 lows and repeatedly tested gave way; the hourly close was $4,230.84.
Gold slipped on Monday as oil prices held gains due to the Strait of Hormuz standoff and higher inflation expectations, offsetting safe-haven demand.
Crude moved higher as the Globex week opened, following a weekend of deadlock and the possibility of renewed escalation.
US envoy Waltz calls Iran's Hormuz proposal a cynical bid for upfront concessions, as conflicting accounts deepen the diplomatic standoff.
Saudi authorities ordered Riyadh schools to go remote for a week; Houthis claim to have shot down a Saudi drone, raising regional tensions.
Iran holds diplomatic line amid unverified Hormuz missile strike, Trump rejects offer but sees further talks. Saudi Arabia faces widening threat from Houthi…
Bitcoin's 90-day correlation with gold hit a six-year high, and BTC is 3% away from turning positive against gold for 2026.
Trump rejected Iran's seven-day ceasefire, plans more bombing after midterms. Oil and Bitcoin face uncertainty.
Crude oil dropped below its 100-hour moving average and swing area support, with sellers eyeing a potential downside target at $88.77.
Crude oil fell after reports of U.S.-Iran talks on a phased deal to reopen the Strait of Hormuz.