Oil climbs back on renewed Strait of Hormuz threats
Crude oil rebounded from support after a series of incidents raised shipping concerns near the Strait of Hormuz. Technical levels suggest buyers face…
06/10/2026 18:1110 min read
Geopolitics
Crude oil dips as sellers test support near key midpoint
Crude oil falls 1.5% as sellers break below key levels, but the 50% midpoint near $86.83 holds.
06/10/2026 15:1216 min read
Iran lawmakers seek foreign minister's removal over US contacts; oil plunges
Iranian lawmakers filed an impeachment motion against Foreign Minister Araghchi for meeting US envoys, as oil exports hit zero and crude prices fell.
06/10/2026 12:4211 min read
France-Germany bond spread breakout puts euro zone contagion in spotlight
The French-German 10-year yield spread has broken out to crisis-era levels, raising concerns about euro area contagion as other spreads widen.
06/10/2026 08:118 min read
WTI Crude Oil Stabilizes Near $88 But Resistance Remains at $90-$91
WTI crude oil stabilizes near $88, but faces resistance at $90-$91. Buyers must hold $89.50 and clear $90 for further gains.
06/10/2026 05:0222 min read
Hormuz crude traffic near 76% of prewar pace; diesel remains scarce.
Hormuz crude flows are near 76% of prewar levels, but refined fuel shipments stay low and diesel prices remain high; full recovery is not seen before 2027.
06/10/2026 02:0515 min read
Trump Shifts Blame from Hormuz to Refineries for Higher Gasoline Prices
President Trump claims the Strait of Hormuz is no longer a factor in gas prices, pointing to refineries, but tanker attacks persist and prices have risen.
05/10/2026 22:569 min read
Aramco CEO: Two years needed to rebuild oil stocks after Hormuz reopening
Aramco's CEO warned rebuilding global oil inventories after Hormuz reopens could take up to two years, citing critically low stock levels.
05/10/2026 22:4115 min read
Ibovespa hits record 200,000 as Brazilian assets rally after election upset
Brazil's Ibovespa index crossed 200,000 for the first time after Bolsonaro led the first round of voting, while the dollar dropped 5% and stocks surged.
05/10/2026 20:436 min read
Hundreds of Chinese Banks Are Closing. Should Bitcoin Investors Worry?
China closed a record 670 banks in the latest yearly tally, leaving 3,139. Fitch sees little contagion risk even as bitcoin traded near $85,340.
05/10/2026 19:4310 min read
Crude oil climbs on Middle East tensions; key technical levels to watch
Crude oil rallied on Middle East supply concerns; technical levels at $90.77 and $91.85 are key.
05/10/2026 15:4210 min read
Oil Retreats After G7 Taps Emergency Stocks and Mideast Shipments Increase
Oil fell after G7 agreed to release 100 million barrels from emergency reserves and as Middle East crude exports rose. Bitcoin and gold gained.
05/10/2026 14:3110 min read
Nasdaq at risk as US credit spreads widen further
Widening US credit spreads signal potential trouble for the Nasdaq, despite recent support from dovish Fed comments.
05/10/2026 13:079 min read
Rupee near record lows as dollar gains on safe-haven demand and US-Iran impasse
The Indian rupee nears record lows as the dollar draws safe-haven bids and US-Iran talks stay deadlocked.
05/10/2026 12:3114 min read
Crude oil trades in tight range as US-Iran talks dominate, Hormuz attacks ongoing
Crude oil consolidates as US-Iran talks proceed and Hormuz attacks persist. Technicals show channel trading with support near 88.00 and resistance at 110.00.
05/10/2026 10:1210 min read