Commodities
Oil, gas, metals, crops, and raw-material price shifts.
Oil markets swing as U.S.-Iran ceasefire leaves Strait of Hormuz unresolved
Oil and broader commodity markets remain volatile after the U.S.-Iran ceasefire, with the Strait of Hormuz still the main supply-risk factor. Recent reporting and official energy statements say prices fell sharply after the truce, then rebounded as the corridor stayed restricted and the agreement looked fragile.
Alkane Resources posts March quarter production update
Alkane Resources said it produced 45,776 ounces of gold equivalent in the March quarter and ended the period with A$374 million in cash, bullion and listed investments.
EIA releases the Annual Energy Outlook 2026
The Energy Information Administration released its Annual Energy Outlook 2026, projecting rising power demand from data centers and more electric capacity by 2050.
OPEC+ raises May oil output while Trump escalates threats over Strait of Hormuz
OPEC+ agreed to raise May output while U.S.-Iran tensions over the Strait of Hormuz intensified, keeping oil and commodity markets on edge.
OPEC+ says eight members will raise May output by 206,000 barrels a day
OPEC said eight OPEC+ members agreed to increase production by 206,000 barrels a day in May, reversing part of earlier cuts.
Oil prices surge while Asian share prices rise moderately
Oil prices surged on fears of disruption from the Iran war, while Asian shares rose modestly in cautious trading.