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The escalation in the Middle East did not pause this week — it expanded. Iran and the United States continue to apply military pressure throughout the Gulf, and the Houthis appear to have opened a second front, with activity threatening Saudi shipping lanes in a separate strait. Oil has now posted back-to-back double-digit weekly gains — fifteen and a half percent last week, ten percent this week — taking WTI from the high sixties to above ninety dollars in just two weeks. Brent is within striking distance of one hundred dollars per barrel.
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CERCA TRA GLI EPISODI PASSATI
Cerca gli episodi passati di Commodity Compass Weekly.
ALTRI EPISODI IN QUESTO PODCAST
Kevin Warsh held his first press conference as Chair of the Federal Reserve, and he used the debut to push back against the market's expectation of summer rate cuts. The read coming out of that room was unmistakably hawkish — a Fed in no hurry to ease, signaling that it intends to keep policy tight…
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