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WTI crude hit 2-year highs above $90 this week as Middle East tensions disrupt the Strait of Hormuz, threatening one-fifth of global oil trade and signaling potential inflation ahead.
Brent crude climbs 25% in one week as Strait of Hormuz disruptions and tanker shortages threaten $100 per barrel. Traders warn of accelerating prices if conflict persists.
Iran's IRGC strikes on commercial vessels in the Strait of Hormuz threaten 10% of global crude oil supply, driving WTI crude to 6-month highs and creating unprecedented maritime chaos for traders and shipping companies.
Gold jumped 2% to test $5,400 as the Strait of Hormuz closure and Middle East escalation trigger classic safe-haven demand, with technical targets pointing toward $5,418 and beyond.
With shipping traffic through the critical Strait of Hormuz plummeting 70%, oil prices hit 6-month highs while the US dollar surges on safe-haven demand. Here's what traders need to know.
As geopolitical tensions surge, gold and silver extend powerful rallies with gold up 20% and silver up 65% in 2026. Understanding the war premium and what it means for your portfolio.
OPEC+ increases production by 206,000 bpd to cushion Iran disruption, yet markets focus on Hormuz chokepoint controlling 20% of seaborne oil, driving energy currencies and inflation higher.
