Commodities (Crude Oil & Copper) & Macro Outlook

Yemen Houthi rebels attacked two Saudi Arabian oil tankers in the Red Sea on the 23rd, forcing route diversions that threaten oil costs across Asia. The rebels declared a maritime blockade against Saudi Arabia in retaliation for attacks on Sana Airport in Yemen, prompting vessel rerouting and

According to analysts at South Korea's Daishin Securities and LS Securities, two Saudi oil tankers came under attack in the Red Sea on July 23 as Yemen-based Houthi forces declared a maritime blockade, intensifying concerns about transportation costs for Asian nations including South Korea, Japan,

According to ARK Invest research director Lorenzo Valente, real-world assets (RWA) represented 54% of total trading volume on Hyperliquid last week, marking the first time RWAs have outpaced cryptocurrencies in weekly volume on the decentralized derivatives platform. Hyperliquid's HIP-3 framework en

According to Jin10, Iraq and Syria will sign a pipeline construction agreement on July 26. Iraq's cabinet authorized the General Manager of the Basra Oil Company to sign a memorandum of understanding with Syria's oil ministry to build pipeline infrastructure connecting domestic oil fields to

Seoul bond market participants are focusing on the July Federal Open Market Committee (FOMC) meeting during the week of July 27-31, according to Yonhap Infomax. The FOMC rate decision will be announced on July 30 (dawn Korean time), with market sensitivity heightened by recent oil price movements an

According to Yonhap Infomax, South Korea's second-quarter real GDP expanded 0.6% quarter-on-quarter, significantly exceeding market expectations of 0.37%, lifting sentiment around potential back-to-back interest rate hikes in August. The stronger-than-expected growth report drove benchmark

According to Saudi official data, the kingdom's imports fell 19.5% in May, while non-oil exports, including re-exports, declined 26.1% compared to May 2025.

According to official data, Saudi Arabia's crude oil exports rose 19.5% in May, marking a significant increase compared to the previous month.

According to official data, Saudi Arabia's merchandise exports grew 3.9% in May.

According to Xinhua News Agency, on July 25, Kuwait Petroleum Corporation signed a $16 billion agreement with a consortium of international investors including Blackstone, Brookfield Asset Management, and KKR to develop Kuwait's crude oil pipeline infrastructure. Kuwait Petroleum will establish a

Korean energy-focused exchange-traded funds surged during May 20-24, while semiconductor ETFs declined sharply, according to data released by the Korea Exchange on the 26th. The PLUS Solar&ESS ETF posted the highest return at 18.17%, followed by TIGER Oil Futures Enhanced(H) at 15.25% and KODEX

According to Financial News, South Korean energy-related ETFs surged from July 20-24 as Middle East tensions and rising crude oil prices boosted demand. PLUS Solar & Energy Storage ETF led gains at 18.17%, followed by oil futures-linked products—TIGER WTI

According to BlockBeats, on July 26, the Federal Reserve, Bank of England, and Bank of Japan are set to announce interest rate decisions next week as surging energy prices and elevated AI capital spending reignite global inflation concerns. Brent crude has breached $100 per barrel in recent weeks, a

219 Korean export manufacturers surveyed by the Korea Trade Association identified freight rate increases as their top logistics challenge in the first half, with 83.1% of respondents citing this as their primary concern. The Shanghai Containerized Freight Index (SCFI) reached 3,062 points on

According to Korea Trade Association's survey released on July 26, 83.1% of Korean export manufacturers cited rising shipping costs as their biggest logistics challenge in the first half of 2026. The Shanghai Containerized Freight Index (SCFI) climbed to 3,062 points, up 2.3 times since late

According to local reports, Ukrainian drones attacked Russia's Tyumen refinery on July 26, sparking a fire at the facility located approximately 1,700 kilometers east of Moscow and 2,000 kilometers from Ukraine's border. Regional governor Alexander Moor confirmed emergency crews were responding,

According to Jin10, South Korean President Lee Jae-myung announced on July 26 that South Korea will push for resuming free trade agreement negotiations with the Mercosur trade bloc and strengthen cooperation in the critical minerals sector. Lee noted that Mercosur member nations possess abundant ag

According to KG Zeroin, renewable energy ETFs surged on July 26 as international oil prices rose amid escalating Middle East tensions. Geopolitical uncertainty has increased concerns about potential disruptions to fossil fuel supplies, directing market attention toward renewable energy

Rich Dad Poor Dad author Robert Kiyosaki warned in a July 22 post on X that the 'global economy is crashing' and could financially wipe out many people, characterizing the U.S. economy as 'bankrupt.' The financial author cited surging federal debt—from roughly $9.5 trillion before the 2008 crisis

According to Jin10 data aggregation, Ukraine conducted multiple offensive operations over the past 24 hours. Ukrainian forces recorded 230 combat clashes and attacked Russian targets including an oil platform in the Caspian Sea and two cargo vessels. The country's security agencies also reported a d