Aug 09, 2026 6:26 a.m.
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economy

Oil surged nearly 4% as Iranian bill targeting Hormuz transit reignites supply fears
07 Aug 2026 Global crude benchmarks rebounded sharply on Thursday, snapping a two-day sell-off as fresh legislative threats out of Tehran against commercial transit through the Strait of Hormuz reignited geopolitical risk premiums.
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07 Aug 2026

economy

Freightos Baltic: Transpacific holds firm on tariff frontloading while Asia-Europe slides

Container spot rates edged lower overall this week, though Transpacific trade diverged from the broader decline as August 1 General Rate Increases (GRIs) and extended tariff frontloading provided renewed momentum.
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07 Aug 2026

economy

Commodity Exchange: 07 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 07 August 2026 session with the following settlements.
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06 Aug 2026 Brent NYMEX

economy

Oil closed mixed as surprise US inventory build dampens Hormuz reopening hopes

Global crude benchmarks ended mixed on Wednesday, stalling a severe two-day sell-off as an unexpected build in US inventories countered cautious optimism over a diplomatic resolution in the Strait of Hormuz.
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06 Aug 2026

economy

Indonesia drops proposed anti-dumping duties on homo-PP imports from eight countries after national interest review

Indonesia has decided not to impose anti-dumping duties (BMAD) on homo-PP imports from eight countries, concluding that the measure would not serve the country's national interest
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06 Aug 2026

economy

EIA: US crude stocks rebound on surging imports as distillate inventories plunge

US commercial crude oil inventories rose by 2.5 million barrels in the week ending July 31 to 407.0 million barrels, breaking a multi-week decline as refiners trimmed processing rates and crude imports rebounded sharply.
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06 Aug 2026

economy

Commodity Exchange: 06 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 06 August 2026 session with the following settlements.
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05 Aug 2026 Brent NYMEX

economy

Oil extended slide, down 5% as US-Iran diplomatic progress stokes Hormuz reopening hopes

Global crude benchmarks fell for a second straight session on Tuesday, dropping more than 5% to fresh three-week lows as signals of diplomatic momentum between Washington and Tehran further eroded geopolitical risk premiums.
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