Shipping Disruption in Strait of Hormuz Pushes Oil Above $85, Threatening Largest Weekly Surge Since 2022
Oil tops $85 as Strait of Hormuz disruption sparks biggest weekly surge since 2022, raising global supply and inflation fears.
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Oil tops $85 as Strait of Hormuz disruption sparks biggest weekly surge since 2022, raising global supply and inflation fears.
Aluminum prices hit 4-year high due to Middle East conflict, supply risks, and slower production growth in China and other regions.
Oil tops $77 as U.S.-Iran conflict halts Strait of Hormuz shipping, raising supply fears and prompting U.S. naval escorts for vessels.
US lacks spare LNG capacity to replace Qatar's halted exports; output is maxed, prices surge, and new capacity won't fill the gap soon.
UBS warns oil may exceed $100 if Strait of Hormuz disruptions persist, raising 2026 forecasts due to Middle East tensions and supply risks.
Oil prices hit multi-month highs as Gulf tensions disrupt supply, Iraq cuts output, and Hormuz shipping halts, despite rising US inventories.
Canada invests $2.6B to boost critical minerals, aiming to rival China in global supply chains and speed up mining project development.
Brent tops $81, WTI $74.26 as Hormuz closure and Ras Tanura suspension risks rise, fueling fears of prolonged oil supply disruptions.
US energy prices rise as Hormuz closure threats escalate, raising supply risks and inflation fears despite OPEC+ output boost plans.
Coal prices hit $128/ton, highest since Dec 2024, as Qatari LNG outage prompts shift to coal for power in Asia amid energy security concerns.
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