Commodities (Crude Oil & Copper) & Macro Outlook

The U.S. Central Command announced Monday that U.S. forces will enforce a maritime blockade on vessels entering or leaving Iranian ports starting July 14 at 4 p.m. ET. President Donald Trump stated the Strait of Hormuz will remain open for all nations except Iran, escalating pressure on Tehran

According to Mohamed El-Erian, Chief Economic Advisor at Allianz, crude oil prices remained below $80 per barrel on Monday despite escalating U.S.-Iran tensions over the weekend. During a CNBC interview, El-Erian explained that markets deeply believe the ongoing skirmishes between the two nations

According to BNY Mellon strategist Geoff Yu, oil prices surged 8.76% on Monday (July 7) following a rapid escalation in U.S.-Iran military tensions, with both sides exchanging missiles and drones. The spike was triggered by U.S. President Donald Trump's announcement to resume sanctions on Iran. Geo

According to Yonhapinfomax, the U.S. dollar strengthened against the Korean won overnight on July 13-14 (Korean time) to 1,496.70 won, down 4.70 won from Seoul's daytime close at 1,501.40 won on July 13. The rally was driven by two major developments: President Donald Trump announced renewed

U.S. natural gas futures fell to a seven-week low last week, driven by increased production in the Permian Basin and reduced flows to liquefied natural gas export terminals. Permian Basin daily output exceeded 23 billion cubic feet in late June, the highest level since early May, while LNG terminal

According to workers at the facility, Venezuela's smallest refinery, El Palito, restarted its fluid catalytic cracking (FCC) unit on Monday. The 146,000-barrel-per-day facility's FCC unit is essential for producing vehicle fuel. The restart follows a power outage caused by earthquakes in late June t

According to Bloomberg commodity indices, on Monday (July 13), CBOT wheat futures declined 0.75% during New York afternoon trading, while soybean oil futures rallied 3.13% to lead grains higher. The Bloomberg Grain Index fell 0.13% to 30.8578 points after trading higher earlier in the session. New

According to Bloomberg data, on July 13 at New York close, CBOT wheat futures fell 0.75%, while soybean oil futures surged 3.13% and maintained upward momentum throughout the session. Meanwhile, New York cocoa futures declined 4.24% to $5,808 per ton, having fallen to $5,463 intraday, narrowing

Bitcoin dropped to $62,037 on Monday as weekend military clashes between U.S. and Iranian forces raised concerns about a potential energy crisis. The cryptocurrency fell from a 24-hour peak of $64,385 late Sunday to $62,037 by 10:15 a.m. EST Monday, according to market data. The decline followed U.S

WTI August crude oil futures rose $6.73, or 9.42%, to $78.14 per barrel. Abu Dhabi Murban crude advanced 9.78% to $77.91 per barrel. NYMEX August natural gas futures settled at $2.8970 per million BTU, while gasoline futures closed at $3.1663 per

Shanghai Futures Exchange crude oil futures contract 2608 rose 6.2 percent overnight (July 13) to close at 500.30 yuan per barrel. Shanghai gold futures declined 2.12 percent, while Shanghai silver futures fell 2.84 percent in the same

According to Jin10, Iran's foreign minister said on July 14 that any party providing security for commercial vessels through the Strait of Hormuz should be compensated. However, he argued that a 20% fee is too high and stated that Iran would charge a fair rate instead. The comments were in

Brent crude oil rose 7.0% intraday to $81.36 per barrel, while WTI crude advanced 7.0% to $76.41 per barrel on July 13.

According to OPEC's monthly report, Russia's crude oil production fell to 8.928 million barrels per day in June, the lowest level in at least 2.5 years. The output was 834,000 barrels per day below Russia's OPEC+ agreement target and 61,000 barrels per day lower than the revised May

According to Bitget, WTI and Brent crude prices both surged over 6% on July 14 following a reported attack by Yemen's Houthi forces on a Saudi Arabian airport. The incident marks another escalation in regional tensions affecting global energy

According to BlockBeats, citing Bitget market data, Brent crude oil broke through $80 per barrel on July 14, rising 5.35% intraday. WTI crude oil also gained over 5.7% during the same period, trading at $75.45 per barrel.

According to LME data, copper futures closed 56 dollars higher at 13,541 per ton today, while aluminum rose 30 dollars to 3,170 per ton and zinc fell 50 dollars to 3,566 per ton on July 13.

US Treasury bond prices declined slightly on the morning of May 13 as the 10-year Treasury yield rose to 4.579%, reflecting renewed inflation concerns triggered by surging oil prices amid escalating US-Iran military tensions. The yield increase occurred as President Donald Trump stated the US

According to David Hoffman, Bankless co-founder, on July 14, despite ongoing geopolitical tensions, oil prices remain low, suggesting the market is adapting to reduce dependence on critical energy chokepoints like the

CNBC Investing Club with Jim Cramer held its Morning Meeting on Monday as stocks traded lower amid renewed US-Iran airstrikes and a busy earnings week. Apple rose 1.1% Monday after Citi raised its price target to $365 from $315, while semiconductor stocks declined with Intel and Micron each