Latest news

Ukraine
Jul 10, 2026

Taganrog evacuates following drone attack on Taganrog's Ilsky Oil Refinery

Local officials said that a drone strike caused the fire at the Ilsky oil refinery in southern Krasnodar, and authorities in Taganrog evacuated residents after another strike....

Japan
Jul 10, 2026

India's ONGC plans a 1.75 million tonne national strategic oil reserve

India's Oil and Natural Gas Corp, India's largest explorer, will build a 1,75 million metric ton national strategic petroleum reserve at Mangalore (in southern India), the company...

United States
Jul 10, 2026

Gold prices to drop this week as Gulf attack reinforces rate-hike betting

Gold was?on course for a weekly 'fall' on Friday, amid?concerns about the potential impact of escalating U.S. - Iran tensions on inflation and keeping the Federal Reserve...

South Asia
Jul 10, 2026

India's TCS rises on revenue beat and AI momentum Fueling Recovery Hopes

Shares of India's largest?software exporter,?Tata Consultancy Services, advanced by more than 4% the day after beating a?quarterly revenue estimate.?Deal wins and increasing AI-related revenues raised hopes for...

France
Jul 10, 2026

MORNING BID EUROPE - Japan calling capital home

Ankur Banerjee gives us a look at what the European and global markets will be like today. This is a much-anticipated'move' to encourage repatriation. Satsuki Katayama, Japan's...

China
Jul 10, 2026

The dollar is weakening, and the Middle East has not escalated.

The weakened?dollar helped copper to rise on Friday. This eased fears about a spate of?tit-fortat strikes between Iran and the U.S. The benchmark three-month copper price on...

Spain
Jul 10, 2026

Twelve people have died in wildfires that raged through southern Spain, according to the emergency agency

The Emergency Agency of Andalucia announced early Friday that 12 people had died in a blaze in Almeria, southern Spain. Antonio Sanz, Minister of Presidency, health, and...

United States
Jul 10, 2026

Gold prices to drop this week as Gulf attack reinforces rate-hike betting

Gold prices rose on Friday as the dollar weakened, but were on course for a weekly decline on fears that the escalating tensions between the U.S. and...

Japan
Jul 9, 2026

Japan's Nikkei gains 2% as AI rally lifts yen and bonds

The Nikkei index rose on Friday due to a rally of AI-related stocks. Also, the currency and bond markets in Japan advanced as a result of a...

Mineral Resources
Jul 9, 2026

Gold gains more than 1%, but focus shifts to Middle East tensions

Gold prices rose by more than 1% 'Thursday, as bargain hunters emerged after the price fell to a one-week low. Investors also kept an eye on developments...

United States
Jul 9, 2026

US EPA suggests easing Biden heavy truck emissions regulations

The U.S. Environmental Protection Agency (EPA)?on Wednesday proposed to ease heavy-truck and engines emissions regulations?adopted by Democratic President Joe Biden under 2023. This will allow for the...

Energy Markets
Jul 9, 2026

Wall Street rises and oil prices fall as Middle East conflict returns

Wall Street surged Thursday, despite a drop in oil prices. Investors focused more on the strength of technology shares and the economy as compared to concerns about...

United States
Jul 9, 2026

New York takes legal action against 3M, DuPont and others for toxic "forever chemicals" in consumer products

New York filed a lawsuit against 3M, DuPont, and other companies on Thursday, accusing them of harming the environment, and causing people to be sick, by selling...

Philippines
Jul 9, 2026

The strategic oil reserves will support the crude demand until 2028

Analysts and officials have said that governments are planning to purchase millions of barrels by 2028 in order to replenish 'emergency reserves' depleted due to drawdowns. This...

Mining
Jul 9, 2026

Gold gains more than 1%, but focus shifts to Middle East tensions

Gold prices rose by more than 1% on Thursday, as investors sought bargains after the price fell to its lowest level in a week. Gold spot gained...

Ukraine
Jul 9, 2026

Sources say that the Saratov refinery in Russia has been shut down since Wednesday after a drone attack.

Two sources familiar with the matter said that Russia's Saratov refinery stopped processing oil on Wednesday due to damage caused by a drone attack. In recent months,...

Energy Markets
Jul 9, 2026

Wall Street gains as Middle East concerns are offset by tech-related hopes

Investors weighed renewed tensions in Middle East against continued strength in technology shares and resilient data in economics to determine if the market was going up or...

United States
Jul 9, 2026

Williams does not expect sustained rise in energy prices

John Williams, President of the Federal Reserve Bank of New York, said Thursday that despite a renewed 'war in the Middle East he did not expect a...

China
Jul 9, 2026

Andy Home: The aluminum supply shock has revived long-idled Western Smelters

The Iran War has caused a supply shock that is reviving the old Western aluminum smelters. Magnitude 7 Metals in the U.S. is reactivating its New Madrid...

Mining
Jul 9, 2026

Gold increases by over 1% as Middle East tensions dominate the news

Gold prices rose by more than 1% on Thursday, as investors sought bargains after the price fell to a one-week low. Gold spot gained 1%, to $4116.70...

South Korea
Jul 9, 2026

The strategic oil reserves will support the crude demand until 2028

Analysts and officials have said that governments are'set to purchase millions of barrels of crude oil until 2028 in order to replenish emergency reserves depleted due to...

Taiwan
Jul 9, 2026

Stocks rise as Middle East worries are offset by a tech rebound

Investors weighed renewed tensions in Middle East with continued strength?in technology stocks and resilient economic data. Oil prices initially fell in Europe but then rose as the...

Brazil
Jul 9, 2026

Brazil to decide on gasoline subsidy next week, plans rural debt restructuring

Brazil's decision to remove a gasoline subvention has been?postponed to next week.?Finance minister?Dario?Durigan said on Thursday that the uncertainty surrounding the Iran war is what has driven...

Mineral Resources
Jul 9, 2026

The Red List reveals that deep-sea mining threatens the molluscs which hold promise for science.

The world's largest conservation organization warned that deep-sea mining is threatening to exterminate half of the molluscs species clustered around underwater vents. These molluscs have?promising? potential for...

Canada
Jul 9, 2026

Fortuna CEO: Fortuna expects Senegal project permit in a few weeks

Fortuna Mining's chief executive said that the company expects to get the final permit for the Diamba Sud gold project in Senegal, within weeks. He added that...

Germany
Jul 9, 2026

RKI: Heatwave in Germany linked to over 5,000 deaths

The Robert Koch Institute for Public Health (RKI) reported on Thursday that Germany had recorded approximately 5,120 deaths attributed to heat so far this summer. Most of...

Syria
Jul 9, 2026

Syria gains voting rights in the chemical weapons watchdog

On Thursday, member states returned Syria's voting right to the global chemical weapons watchdog after a "significant change in circumstances", as they called it, since the fall...

China
Jul 9, 2026

Copper prices rise on hopes of a Gulf deescalation and softer dollars

The dollar dropped after its recent surge, and copper rebounded as the market hoped that hostilities would be de-escalated in the Gulf. As of 0920 GMT, the...

Australia
Jul 9, 2026

Europe steadies after fresh Middle East hostilities

The global?share, bond and oil markets stabilized on Thursday following the week's resumption of Middle East hostilities. Oil prices fell - for only the second time within...

Singapore
Jul 9, 2026

Singapore's oil product stocks hover around 40 million barrels

Government data released on Thursday shows that oil product inventories in Singapore, Asia’s main trading hub, have barely changed from week to week. This is because declines...

Mineral Resources
Jul 9, 2026

HSBC reduces its gold price forecasts for 2026-2027 on the basis of a hawkish Fed.

HSBC reduced its average gold price predictions for 2026 - and 2027, citing a 'hawkish shift' in U.S. monetary expectations as well as a'stronger dollar. The bank...

United Kingdom
Jul 9, 2026

Gold recovers from a one-week low due to a softer dollar

Gold prices increased?on Friday, after hovering around a?near?one-week low earlier during the session. A weaker dollar offset pressure from renewed U.S. Iran hostilities, which prompted fears about...

Africa
Jul 9, 2026

Zambia's election will test Hichilema on his economic record

Zambia is preparing for an upcoming?election on August, where President Hakainde Hichilema has a good chance of winning a second term. However, opposition leader Brian Mundubile may...

United States
Jul 9, 2026

Copper rebound, Middle East conflict escalates no longer a concern

The dollar, which had recently surged, was stabled and copper rebounded on Thursday as the market looked beyond the escalation of Gulf hostilities. Benchmark three-month copper on...

China
Jul 9, 2026

Iron ore is confined to a limited range as fears of a possible supply disruption offset weakened demand

Iron ore prices remained 'range-bound' on Thursday as investors weighed a potential'supply risk stemming from a threat of strike by some workers at BHP’s iron ore operation...

South Asia
Jul 9, 2026

Sources say that Indian BPCL, and Japan's Taiyo Oil purchase US crude through tenders.

According to sources in the trading world, India's Bharat Oil Corp and Japan's Taiyo Oil purchased 'crude' from the United States this week, as refiners sought to...

United States
Jul 9, 2026

Gold prices fall as inflation fears are rekindled by Middle East hostilities

Gold prices dropped?on Friday, hovering around a 'one-week low,' as renewed U.S. - Iran hostilities lifted crude, and re-ignited fears about inflation and longer-term interest rates. The...

South Korea
Jul 9, 2026

Oil prices soar on renewed Gulf hostilities, sending Asian stocks into a tailspin

Asian shares shook on Thursday, as a rally for semiconductors lost momentum. Meanwhile, oil prices soared after a resumption in hostilities in Gulf sparked inflation fears and...

Taiwan
Jul 9, 2026

China and Taiwan prepare for Typhoon Bavi - possibly the strongest storm ever.

Typhoon Bavi, which blew near 124 mph and had winds of?200 kph on Thursday in the southeast of Taiwan, was causing havoc for China and Taiwan. Parts...

India
Jul 9, 2026

Palm oil falls due to continued uncertainty in Indonesia biodiesel allocation

Malaysian palm oil futures declined on Thursday as a result of the?uncertainty about Indonesia's allocation of biodiesel, but the stronger crude oil prices capped the losses. By...

Malaysia
Jul 9, 2026

Malaysia's Perak mills are overwhelmed by palm production, despite fears of El Nino.

Malaysia has seen a rise in palm oil production as mills struggle to process the influx of fresh fruit bunches. The surge has?commenced despite earlier concerns that?El...

United States
Jul 9, 2026

London copper firms' market gauges the macro impact of Mideast strikes

The price of copper in London rose on Thursday as the market assessed the impact of the latest threats to calm in the Persian Gulf on macroeconomic...

United States
Jul 9, 2026

Gold drops as Middle East hostilities resurrect inflation woes

Gold?fell? on Thursday and hovered?near a?one-week-low set in 'the?previous?session, as renewed U.S. - Iran hostilities raised oil prices, reigniting concerns about inflation, and longer-term interest rates. Gold...

China
Jul 9, 2026

China's Xiaomi unveils SUV series dubbed Sky Nomad

China's Xiaomi unveiled a new SUV series on Thursday called Sky?Nomad. This is a move to expand the company's reach into automobiles, as its smartphone market continues...

China
Jul 8, 2026

Iron ore is in short supply as fears of a possible disruption to the supply counteracts a weakening demand

Iron ore prices were range bound on Thursday as investors weighed the potential supply risks arising from a strike threat by some BHP iron ore employees against...

Singapore
Jul 8, 2026

Oil jumps on Gulf hostilities, Asian shares rise as chips rally

Asian shares rose on Thursday, as semiconductors saw a reprieve from heavy selling. However, gains were capped off by an?increase in oil prices due to a resumption...

Bahrain
Jul 8, 2026

Oil prices rise after US strikes on Iran

Oil prices rose on Thursday, after the U.S. launched new?strikes in Iran. This dented hopes of an end to the Iran war, and the full reopening of...

Iran
Jul 8, 2026

US launches new strikes against Iran, causing oil to rise by more than $1 per barrel

After the U.S. military launched new strikes against Iran, oil prices rose by more than $1 a barrel on Wednesday. After Donald Trump's threat to strike Iran...

United States
Jul 8, 2026

US Nuclear Power Regulator proposes to narrow scope of environmental reviews

The U.S. nuclear power regulator on Wednesday proposed narrowing the scope of environmental?reviews required under federal law for licenses for new and renewed reactors. The?U.S. nuclear regulator...

United States
Jul 8, 2026

Wall Street falls as Iran tensions re-ignite, Oil reaches multi-week high

After U.S. President Donald Trump said that the interim peace agreement with?Iran?was "over", and the U.S. declared new military strikes, stocks were mostly lower. Oil prices rose...