global-commodities
4 stories related to this topic, newest first.
ecns.cnGlobal Supply Chains Disrupted After Iran Blocks Strait of Hormuz
Japan's largest snack maker will switch to black-and-white labels by the end of May 2026 because of a naphtha shortage caused by the closure of the Strait of Hormuz. The February 2026 U.S.-Israeli attacks on Iran have triggered worldwide shortages of fuel, metals, fertilizer ingr…
Substrate placeholder — needs reviewRussian Urals Oil Price Remains Near 12-Year High of Around $100 per Barrel in April
Calculations show that Russian Urals oil has maintained prices close to 12-year highs around $100 per barrel so far in April 2026. This level reflects ongoing market dynamics affecting the grade. The price stability occurs amid broader global oil market conditions.
Substrate placeholder — needs review2026 Energy Shock Sees Commodity Prices Decline Amid US-Iran Ceasefire
Energy prices have fallen significantly in 2026 following the US-Iran war, with Brent crude oil down 15% from its peak and natural gas prices dropping 18%. The Strait of Hormuz remains closed, creating uncertainty in energy flows. Overall, current levels remain below historical h…
Substrate placeholder — needs reviewUS Crude Oil Prices Double to $115 per Barrel Since Start of 2026
US crude oil prices have increased from $57 per barrel at the beginning of 2026 to $115 per barrel currently, according to @spectatorindex. This rise represents a doubling of prices over the year. The development occurs amid global energy market fluctuations affecting economies a…