Commodity News

The anticipated phased reopening of the Strait of Hormuz, beginning in July, promises to significantly impact the global commodities market,

Recent developments have emerged in the crude oil shipping sector, particularly with PetroChina and Indian Oil Corporation (IOC) struggling to

Crude oil futures experienced a notable decline on Thursday morning, as reports emerged that the US and Iran had digitally

The Middle East crude market has experienced significant weakening this week, transitioning into discounts as the United States and Iran

Crude oil futures experienced a decline on Wednesday morning as the market adjusts to the prospect of increased global oil

The gold market is experiencing significant volatility, marked by net negative inflows for five consecutive weeks. Recent data from the

The recent announcements regarding the U.S.-Iran peace deal have shifted sentiments in the crude oil markets, as traders eye the

SKIP_POST Source: Market Source (Expert Note: This report was independently prepared by the Wealthova Commodities team.)

The recent announcement regarding the cessation of hostilities in Iran and the reopening of the Strait of Hormuz has not

In May 2026, India retained its position as the world’s second-largest buyer of Russian fossil fuels, with imports valued at