Escalating US-Iran tensions: Iran claims US missiles struck oil tankers near Kharg Island and warns of attacks on tankers in Kuwaiti and Bahraini ports
Following reports of attacks on Iranian oil tankers, the intraday gain in U.S. crude oil prices widened again to over 2%. The Iranian military warned that tankers docked at ports in Kuwait and Bahrain would become targets of attacks and urged crew members to evacuate immediately. Kharg Island is Iran's primary oil export hub, through which approximately 90% of Iran's crude oil exports previously passed. Earlier on Tuesday, the Iranian military stated that it had captured an advanced U.S. unmanned submarine.
Express News | Iranian media reported explosions near Kharg Island.
International gold and silver prices declined in the short term, with spot gold briefly falling below $4,360; Iranian media reported explosions near Kharg Island.
Ten Top-rated Materials Stocks as Pricing Power Offers an Inflation Buffer
Hormuz Risk, $100 Oil and 4 ETFs Investors Must Watch
The ongoing war between the U.S. and Iran continues to propel oil prices higher. Brent crude briefly approached $100 a barrel on Tuesday, while tanker flows through the Strait of Hormuz remain below
Tariff uncertainty emerges as the biggest bullish driver for copper prices: over one million tonnes of copper flow to the US, while LME copper prices hit a record high above $14,700 per tonne.
Copper prices have repeatedly hit record highs, with the core driver shifting from demand to regional mismatches in global inventories. Uncertainty surrounding U.S. tariffs on refined copper has sustained arbitrage activities that have drawn over one million tonnes of copper into the United States, tightening spot supplies on the London Metal Exchange (LME). Meanwhile, the rebound in China’s import demand, coupled with constrained supply at the mine level, has created a supply-demand resonance that further pushes up copper prices, suggesting that structural strength may persist.
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As of Sept. 8, 2026, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator,
'Kazakhstan Suspends Proceedings to Recover $5 Bln From the NCOC Oil Consortium, IFX Reports' - Reuters
'Kazakhstan Suspends Proceedings to Recover $5 Bln From the NCOC Oil Consortium, IFX Reports' -
Forget Trump's Tariffs: Copper Is Facing a $400 Billion Problem Nobody Can Fix
Copper hit a fresh all-time high as the London Metal Exchange benchmark three-month futures price climbed to $14,533 per metric ton.The copper rally, which lifted prices about 17% over the past year,
Goldman Sachs Research Analysis: Stronger-than-expected non-farm payrolls dampen rate cut expectations, while gold rallies against the backdrop of rising yields
Goldman Sachs attributes the rise in bond yields to strong nominal growth, fiscal concerns, and the crowding-out effect of AI-related debt issuance.
International oil prices rise! Houthis launch "retaliatory strikes" against Saudi Arabia; multinational coalition vows counterattack
Tensions in the Middle East have escalated once again, posing a severe threat to the security of Saudi Arabia's energy supply. On September 8, Yemen's Houthi rebels launched attacks on multiple cities in southern Saudi Arabia, igniting fires at several energy facilities and forcing partial operational suspensions, which subsequently drove international oil prices sharply higher, with Brent crude approaching the $100 threshold. According to CCTV International News, the Saudi Ministry of Energy confirmed that civilian and economic infrastructure in Abha, Khamis Mushait, Najran, and Jizan had been attacked, resulting in over 70 injuries. Relevant authorities are working to ensure facility safety and operational continuity. A spokesperson for the Houthi group stated on the same day that the organization would announce an expansion of operations deep into Saudi territory.
Will “Dr. Copper” become more expensive than “Monster Nickel”? The nearly two-century-old iron law of commodities may be broken!
① Since nickel began trading on the London Metal Exchange (LME) in 1987, its price has averaged approximately 2.85 times that of copper. However, in recent weeks, this ratio has plummeted to 1.17, marking the lowest premium between the two metals on record... ② In fact, when calculated based on mine-gate prices, an inversion has already occurred between the two.
LME copper prices hit an all-time high! Tariff arbitrage and favorable supply-demand dynamics resonate: AI demand emerges as a "new engine" while Chilean exports fall to a one-year low.
Tariff Turmoil and Mining Woes: Copper Prices Hit Record Highs.
LME copper hits all-time high! Tariff arbitrage triggers LME copper squeeze, while production cuts by major miners intensify supply-side pressure.
London copper prices surged 47% over the past 12 months, primarily driven by market expectations that Trump will continue to expand tariffs on copper. Copper futures on the New York Exchange maintained a significant premium over London prices, triggering arbitrage activities that drove LME physical inventories down to critically low levels in August, sparking a major short squeeze. Meanwhile, Chile, the world's largest copper producer, saw its copper export revenue fall to a more-than-one-year low in August, raising the possibility of the first annual decline in global mine supply since 2017.
TotalEnergies Cuts Papua LNG Costs To $14 Billion After Project Optimization
TotalEnergies (NYSE:TTE) on Monday disclosed that its Papua LNG project has reached several key contractual and commercial milestones, moving it closer to a Final Investment Decision.As part of the
Saudi Aramco's Jizan oil facilities attacked again, driving up international oil prices
Saudi Aramco's oil facilities in Jizan came under attack again within less than a month, prompting international oil prices to rise and heightening market concerns over regional energy supplies.
Three major investment banks have uniformly adopted a bullish stance on gold, though their underlying rationales differ in emphasis.
Citi is monitoring the decline in oil prices following the reopening of the Strait of Hormuz, Goldman Sachs emphasizes continued gold purchases by global central banks, and UBS Group believes that rising global fiscal risks are driving demand for gold allocations.
US and Iran exchange attacks on oil tankers! Iran warns of new "restricted zone" in the Strait of Hormuz, vowing faster, heavier, and more painful retaliation
Renewed hostilities between the United States and Iran have erupted around the Strait of Hormuz, with oil tankers and unmanned systems coming under successive attacks. Iran has threatened to establish new restricted zones and warned that its retaliation would be "faster, heavier, and more painful," even as it grapples with obstructed oil exports and economic distress.
Trending Stocks This Week as Markets Weigh Jobs Data and Rates
U.S. military strikes three Iranian oil tankers for the first time, escalating Strait of Hormuz tensions from "targeting infrastructure" to "disrupting transport"
The nature of the military conflict between the United States and Iran underwent a significant shift this week. As U.S. military strikes targeted crude oil tankers in transit for the first time, moving beyond coastal military facilities, this marks a formal escalation from "targeting production capacity and infrastructure" to "disrupting transportation corridors." Consequently, market focus has shifted from "the extent of Iran's production cuts" to "whether the U.S. military intends to systematically sever Iran's crude oil supply chains," prompting a reassessment of global crude oil pricing logic.
US and Iran exchange attacks on oil tankers! US military claims to have "destroyed" three Iranian oil tankers, while Iran's Islamic Revolutionary Guard Corps reports attacks on multiple oil tankers and US vessels.
US and Iran exchange attacks on oil tankers.