Commodities

Oil prices jumped sharply in Asian trading on Thursday, briefly climbing above the key $100 per barrel level as escalating disruptions to global energy supplies fueled market anxiety during the ongoing U.S.-Israel conflict with Iran. By 01:03 ET (05:03 GMT), Brent crude futures rose 7.6% to $99.00 per barrel, while …

As the conflict in the Middle East intensifies, global energy markets are on edge, and drivers in the U.S. are facing higher fuel bills for the 11th consecutive day. The combination of military strikes and geopolitical uncertainty is pushing oil prices upward and rattling investors worldwide.Gas Prices Climb RelentlesslyOn Wednesday, …

The International Energy Agency (IEA) has unveiled the largest coordinated release of strategic oil reserves in history, making 400 million barrels available to the global market. The unprecedented move comes as escalating tensions in the Middle East disrupt energy supplies and push prices higher. Coordinated Action to Stabilize MarketsIEA member …

Gold prices declined in Asian trading on Thursday, returning to a trading range seen over the past week as escalating tensions between the United States, Israel, and Iran boosted the U.S. dollar and oil prices, limiting the metal’s upside. By 01:33 ET (05:33 GMT), spot gold fell 0.6% to $5,147.05 …

U.S. consumer prices rose in line with expectations in February, suggesting inflation pressures remained relatively stable despite ongoing economic uncertainty. According to data released by the U.S. Labor Department on Wednesday, the Consumer Price Index (CPI) increased 2.4% year-on-year in February, matching both the previous month’s reading and economists’ forecasts. …

Oil prices declined in Asian trading on Wednesday after reports that the International Energy Agency (IEA) is preparing the largest emergency oil reserve release in its history to counter supply disruptions caused by the ongoing conflict involving Iran. By 00:55 ET (05:55 GMT), Brent crude futures for May delivery dropped …

Oil Falls as IEA Considers Record Emergency Reserve Release Amid Iran War Oil prices declined in Asian trading on Wednesday after a report suggested the International Energy Agency (IEA) could release a record amount of emergency oil reserves to help offset supply disruptions caused by the ongoing Iran conflict. By …

Gold prices ticked slightly higher in Asian trading on Wednesday as investors navigated mixed signals surrounding the ongoing U.S.-Israel conflict with Iran, while also monitoring disruptions in global energy markets and the possibility of a near-term end to the war. Spot gold rose 0.2% to $5,204.29 per ounce by 01:17 …

Oil and gas markets experienced dramatic swings this week after US President Donald Trump described the war in Iran as “very complete, pretty much.” Crude prices, which had nearly reached $120 per barrel amid supply fears, dropped below $90 following his remarks, offering a momentary reprieve for global markets.Strait of …

Silver prices climbed strongly on Tuesday, with the precious metal flirting with the $90 mark as investors moved toward safe-haven assets amid a softer US Dollar and rising geopolitical uncertainty. The white metal traded around $89.5 per ounce, marking a notable daily gain as market conditions turned increasingly supportive for …