15+ hour, 2+ min ago   (355+ words) Hormuz shipping came under attack again over the weekend, with a confirmed tanker fire and an unverified Iranian casualty claim adding fresh risk to an already fraught strait. A Panama flagged tanker caught fire in the Strait of Hormuz on…...

15+ hour, 24+ min ago   (388+ words) This considerably raises the stakes for oil versus the weekend's initial framing of the Hormuz meeting postponement, since the pipeline closure removes a genuine safety valve rather than just delaying a diplomatic step. We gave the heads up to this…...

17+ hour, 30+ min ago   (221+ words) A Monday meeting meant to advance a Hormuz shipping deal has been pushed back, with Tehran and Muscat citing consensus building even as Gulf unity looks shakier than billed. The postponement leaves the broader picture largely where it was: a…...

3+ day, 10+ hour ago   (219+ words) The Houthis are being credited with full control of a critical Red Sea chokepoint, but the wires backing that claim haven't caught up to it yet. Reuters sources say the BOJ is set to hike rates 25bp to 1.25% next week, but…...

3+ day, 16+ hour ago   (144+ words) I'll get more up on this soon, but this is moving oil: Also, Iran has struck 2 vessels with 4 missiles in the US-backed southern Omani corridor of the Strait of Hormuz. the vessels were transiting under US escort. Google bets €13B on…...

3+ day, 16+ hour ago   (158+ words) Any confirmation of damage to the pipeline would likely draw a firmer, more durable bid in crude given the route's role as a workaround for Hormuz-linked disruptions, whereas an unverified claim alone would typically be treated as noise rather than…...

3+ day, 23+ hour ago   (308+ words) Is the oil market sniffing out a TACO? WTI hit $100 today for the first time since May and remains up $3.44 at $99.49 but oil stocks aren't cheering. Notably, the strength in oil extends out the curve with January crude also up…...

4+ day, 27+ min ago   (107+ words) The 'no brainer' line and some other comments were surprisingly hawkish. OpenAI swaps $1/year federal pilot for usage-based pricing, offering 50% discount to agencies. Starbucks' Niccol wins back customers, now bets $1B on store upgrades to fatten margins. August home sales drop…...

4+ day, 1+ hour ago   (454+ words) Oil prices and bond yields continue to push higher in European trading today, offering a timely reminder to broader markets that inflation risks remain very much in focus. Brent crude is up over 1% to above $102, while WTI crude now up…...

4+ day, 7+ hour ago   (312+ words) In the European session, we have the ECB rate decision. The central bank is widely expected to hike by 25 bps, bringing the policy rate to 2.50%. The focus will be mainly on forward guidance and the appetite for further tightening. If…...