Commodities

In late March and early April 2026, amid the escalating conflict between the United States, Israel, and Iran, airstrikes targeted two of Iran’s largest steel production complexes. The attacks hit Mobarakeh Steel near Isfahan — the biggest steel producer in the Middle East — and Khuzestan Steel in Ahvaz. These …

European equities rallied sharply on Wednesday, while oil prices fell below the $100-per-barrel mark, after Donald Trump signaled that the United States could soon exit the ongoing conflict with Iran. By 03:17 ET (07:17 GMT), the pan-European STOXX 600 jumped 2.3%, with Germany’s DAX surging 2.8%. France’s CAC 40 gained …

Gold prices climbed for a fourth consecutive session in Asian trading on Wednesday, supported by a softer U.S. dollar and cautious optimism that the United States and Iran may move toward ending the ongoing conflict. Spot gold rose 0.6% to $4,694.16 per ounce as of 21:35 ET (01:35 GMT), while …

Oil prices remained elevated in Asian trading on Wednesday, as investors balanced tentative diplomatic signals on Iran against ongoing supply disruptions stemming from the closure of the Strait of Hormuz. As of 20:18 ET (00:18 GMT), Brent crude futures for June delivery rose 0.5% to $104.47 per barrel, while U.S. …

Financial markets found renewed momentum as signs of potential de-escalation in the Iran war reshaped investor sentiment. Hopes that the conflict could move toward a diplomatic resolution reduced demand for traditional safe-haven assets, sending the US dollar lower while boosting equities across major markets. The change in tone comes as …

Amid intensifying conflict in the Middle East, China and Pakistan have launched a joint diplomatic initiative aimed at easing tensions and restoring stability. The move comes as the war continues to strain the region, raising global concerns over security, energy flows, and economic fallout.The announcement followed high-level talks between both …

After weeks of sharp gains fueled by the war with Iran, oil prices are beginning to retreat. US crude (WTI) has dropped to around $97, while Brent crude is trading near $103, both posting notable declines of more than 4%. The pullback suggests that fears of prolonged supply disruptions may …

Gold prices hovered near the $4,600 level on Tuesday, finding modest support as the US dollar eased from recent highs. Despite the upward tilt, the metal remains stuck within a narrow trading range that has persisted for about a week, reflecting uncertainty across global markets.The cautious tone comes as investors …

European equities traded in a tight range on Tuesday, as investors balanced surging oil prices against reports that the United States may seek to wind down its military campaign in Iran even without reopening the Strait of Hormuz. By 03:10 ET (07:10 GMT), the pan-European STOXX 600 edged up 0.1%, …

Gold prices inched higher on Monday, supported by bargain hunting and slightly softer expectations for interest rate hikes, although the metal remains on track for its steepest monthly decline in nearly two decades. Spot gold rose 0.2% to $4,503.29 per ounce as of 16:25 ET (20:25 GMT), while gold futures …