UAE Secretly Carried Out Attacks On Iran, Making It An Active Combatant

No Quick Pump Relief: IEA Warns Diesel Squeeze Will Persist Into 2027 Goldman energy analyst Nikhil Bhandari warned last month that a deepening refining crisis could prolong diesel and gasoline pain at the pump well into 2027. Now, the International Energy Agency is reinforcing that warning, cautioning that diesel supplies could remain tight into the second half of next year. "The gasoil market balance will remain tight well into 2027 and is dependent on a recovery of product supply from the Middle East. Failing this, further demand reductions and the heavy...

Gas Prices Nearing Levels That Could Push Trump Towards Iran Talks, Says JPM Commodities Expert One of the main macro drivers this week remains the Gulf energy shock, as chokepoints from the Strait of Hormuz to Bab el-Mandeb are disrupted. Turmoil in the Black Sea between Russia and Ukraine is also sending chills through commodities desks. Related energy coverage: RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude is back above $100 a barrel, while WTI has reached $92, pushing Treasury yields higher,...

Consistently, media reports generally advance the idea that the ceasefire in Lebanon is “holding,” and the US expresses hopes that the Israel-Lebanon talks they’re hosting will lead to an even stronger ceasefire. The reality, however, suggests neither of those is actually the case. Israeli military Chief of Staff Lt. Gen. Eyal Zamir made the IDF […]