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Commodities
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The Strait of Hormuz blockade enters its seventh month, with Middle East oil export freight rates soaring to a record high of over $30 per barrel.
Middle Eastern oil producers are maintaining oil exports through a high-cost ship-to-ship (STS) transfer system, with benchmark freight rates for very large crude carriers (VLCCs) transporting Persian
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Financial Times: China's rare earth exports to the US fell 20% month-on-month in August, ahead of the Donald Trump-Xi Jinping summit.
China's rare earth exports to the United States fell by 20% in August compared to July, the Financial Times reported. The decline occurred as the U.S. pressured China on critical mineral supplies and
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The impact of the Saudi East-West oil pipeline closure on Asian crude oil imports is becoming apparent, with South Korea being the most directly affected.
The closure of Saudi Arabia's East-West oil pipeline is expected to exacerbate supply tightness for Asia's four largest crude oil importers, with South Korea being the most directly impacted. Accordin
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WTI crude oil is down 2.61% today, currently trading at $93.570.
WTI crude oil is down 2.61% today, currently trading at $93.570.
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Commodities trader Trafigura plans to float its supertanker arm Volare Shipping in Oslo, marking the business's first IPO
The move comes as the Gulf crisis drives tanker rates to record highs.
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China Buys More US Soybeans Just Days Before Trump-Xi Summit
China bought more US soybeans just days ahead of a key leaders’ summit, a sign of further progress toward Beijing’s pledge to boost purchases of American farm goods.
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Copper prices remain elevated as traders weigh recent signs of tightening supply.
Copper prices remain elevated as traders weigh recent signs of tightening supply.
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Financial Times: The number of countries globally providing fuel subsidies has exceeded 90, as the deepening energy crisis puts pressure on public finances.
The Financial Times reported that as the energy crisis continues to deepen, the number of countries providing some form of consumer support for fuel costs has exceeded 90, putting pressure on public f
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Global shipping costs surge 201%, nearing 2021 peak; tanker charter rates hit record highs; Saudi Aramco suspends crude oil deliveries due to attacks.
Global shipping costs are experiencing a new round of severe shocks, with container freight rates surging by 201%, nearing the crisis peak of 2021, while geopolitical turmoil has pushed tanker charter
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BofA Securities Raises Memory Chip Price Forecast: DRAM/NAND to See 20-30% QoQ Increase in Q3; Hyperscale Cloud Vendors Have Locked in Higher Prices for Q1 Next Year
Bank of America Securities analyst Simon Woo noted in his latest research report that channel checks confirm DRAM average selling prices (ASPs) will rise by 20-30% quarter-over-quarter in Q3 2026, wit
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Oil prices fell on Monday, with Brent crude down 1.66% to $102.15, due to "surprisingly strong" crude flows from the Middle East; Donald Trump issued a strong warning about a potential US-Iran war.
JPMorgan Chase analysts noted in a September 18 report that despite the disruption to Saudi Arabia's East-West oil pipeline, crude oil flows from the Middle East remained "surprisingly strong," averag
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Deutsche Bank: Gold Price Rally Driven by Reserve Management Institutions, Strait of Hormuz Conflict and Oil Price Decline Outweigh Federal Reserve Rate Hikes
Deutsche Bank's latest metal flow report indicates an anomalous rise in gold prices following the Federal Reserve's rate hike, despite no significant increase in volume from conventional buyers (comme
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China's selective crop buying tests US trade truce ahead of summit
China has met over half of its pledge to buy 25 million tons of US soybeans this year, but progress on a separate commitment to spend billions more on other American crops has largely stalled. These m
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Oil declines in early Asian trade, with WTI down 0.5% at $99.76 and Brent 0.3% lower at $103.54, as concerns over extended supply disruptions from Saudi Arabia ease.
ANZ Research analysts noted that initial concerns over extended disruptions to pipeline flows from Saudi Arabia are easing. Saudi Arabia expects its East-West pipeline to return to about half its capa
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U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, as the war exacerbates global fuel supply tightness.
U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, extending a war-driven rally that is having ripple effects across the economy.
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Ukrainian attacks on Moscow oil refineries escalate the Russia-Ukraine conflict, driving global diesel futures and U.S. retail diesel prices to all-time highs.
Ukraine's Armed Forces General Staff reported that in the early hours of September 20, Ukrainian forces struck Russia's Moscow oil refinery, severely damaging the AVT-6 primary refining unit and other
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Black Sea shipping turmoil impacts wheat market, exacerbating inflation risks
The conflict between Russia and Ukraine has disrupted crucial grain shipments in the Black Sea region, forcing buyers to scramble for alternative supplies and further amplifying global inflation risks
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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The U.S. State Department urges citizens to reconsider travel to the Middle East, and the Iranian Parliament Speaker reiterates that the Strait of Hormuz will remain closed.
The U.S. State Department issued a warning Saturday night, urging American citizens to reconsider travel to the Middle East, citing the potential for rapid escalation of the conflict with Iran. This f
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US Retailers Restrict Motor Oil Supply, Prices Soar Fourfold
A U.S. retailer has begun limiting sales of automotive engine oil due to supply shortages, leading to a fourfold price increase.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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NVIDIA VP: AI Era Reshapes Hardware Cost Reduction Logic, Chip Evaluation Shifts to "Total Tokens Throughput Per Megawatt"
NVIDIA Vice President Ian Buck stated that in the era of AI factories, the most effective way to reduce token costs is to deliver significantly improved computing performance (10 to 30 times) with eac
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
NVIDIA VP Ian Buck stated that the shift from Chat mode to Agentic AI removes the human-in-the-loop buffer, allowing hashrate to operate at seamless, high-frequency full load. In AgentX benchmarks, th
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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Oman and Iran Hold Talks to Discuss Restoring Maritime Traffic in the Strait of Hormuz
Oman and Iran hold talks to discuss the restoration of maritime traffic in the Strait of Hormuz. Al Jazeera reports that the Omani Ministry of Foreign Affairs issued a statement saying the foreign min
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South Africa's stock market posted its largest single-day gain in nearly seven months, driven by a surge in precious metals miners.
South Africa's stock market posted its largest single-day gain in nearly seven months, driven by a surge in precious metals miners.
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Analysts note that progress by the Democrats following the US midterm elections increases political pressure on Donald Trump to end the Iran war, driving a sharp drop in oil prices.
Analysts note that progress by the Democrats following the US midterm elections increases political pressure on Donald Trump to end the Iran war, driving a sharp drop in oil prices.
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World's largest olive oil company Deoleo plummets 19% after rivals DCOOP and Acesur agree to takeover deal
World's largest olive oil company Deoleo plummets 19% after rivals DCOOP and Acesur agree to takeover deal
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International crude oil prices rebounded slightly after a sharp decline, driven by the defeat of Donald Trump's Republican Party in the US midterm elections and uncertainties surrounding the situation in Iran.
Influenced by the defeat of Donald Trump’s Republican Party in the U.S. midterms and uncertainty surrounding the situation in Iran, international crude oil prices rebounded slightly following a sharp
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Yemeni Government Forces Claim Repulsion of Large-Scale Houthi Offensive in Taiz
The Yemeni government forces stated that they repelled a large-scale offensive by the Houthis on the al-Aqrud front in Taiz Governorate. The Houthis have not yet responded to the development.
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Five French trade unions have launched a joint strike to protest, demanding wage increases and the protection of public services.
According to the BBC, five French trade unions have jointly participated in nationwide strikes and protests to demand higher wages to cope with the rising cost of living and to protect public services
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Iranian Navy says oiler in Strait of Hormuz hit mine and caught fire, Tehran reiterates strait closed to illegal vessels
The Iranian Navy reported that an oil tanker caught fire after striking a mine in the Strait of Hormuz, forcing it to abort its voyage. Citing a statement, the semi-official Iranian Tasnim News Agency
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Saudi-led coalition intercepts ballistic missile fired by Houthi forces toward Medina
Colonel Turki Al-Maliki, spokesperson for the Saudi-led coalition, stated that coalition air defense forces successfully intercepted and destroyed a ballistic missile launched by the Houthi militia to
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Saudi Civil Defense briefly issues hazard alert for Red Sea oil export hub Yanbu before lifting it
The Saudi Civil Defense briefly issued a hazard alert for Yanbu, a major coastal city in the Medina Province along the Red Sea coast, and subsequently announced that the danger had passed. Yanbu is a
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Russia and Ukraine launched a new wave of nighttime reciprocal drone attacks. Russia stated it struck a Ukrainian postal logistics hub and cargo ships, while Ukrainian drones attacked an industrial zone in Russia's Ryazan Oblast, triggering a fire at an oil refinery.
Russia and Ukraine launched a new wave of nighttime drone attacks against each other, resulting in damage to infrastructure and casualties on both sides. The Russian Ministry of Defence stated that it
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International crude oil prices plummet, with Brent crude falling below $95 to mark its largest weekly drop since the pandemic
International crude oil prices plummeted, with Brent crude breaking below $95 to record its largest weekly drop since the pandemic. Driven by easing concerns over Middle East conflict following the De
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UK Maritime Trade Operations: Oil tanker attacked by two unknown projectiles off the northern coast of Qatar
The United Kingdom Maritime Trade Operations (UKMTO) reported that an oil tanker was struck by two unidentified projectiles 50 nautical miles north of Madinat ash Shamal, Qatar. The condition of the c
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Emirates Half-Year Profit Plunges 66%, Dragged Down by Iran War and High Oil Prices
Emirates Half-Year Profit Plunges 66%, Dragged Down by Iran War and High Oil Prices
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Ørsted completes offshore wind farm construction off US Northeast coast, previously hindered by Trump administration
Ørsted completes offshore wind farm construction off US Northeast coast, previously hindered by Trump administration
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ArcelorMittal third-quarter profit beats expectations, boosted by stricter EU steel curbs
ArcelorMittal third-quarter profit beats expectations, boosted by stricter EU steel curbs
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LG Energy Solution and Samsung SDI Saw Their Combined North American Energy Storage Market Share Rise to 20.9% in the First Three Quarters
In the first three quarters, South Korean battery manufacturers LG Energy Solution and Samsung SDI saw their combined North American energy storage market share rise to 20.9%, according to data from m
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Posco and Korea University Develop New Manufacturing Method to Reduce Voltage Decay in Lithium Battery Cathodes
Posco Holdings has developed a new manufacturing method with Korea University to reduce voltage decay in lithium battery cathodes. The research was jointly conducted by a team led by Professor Park Hy
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Russia deepened Iran support with missile launcher deal despite Ukraine war strains
Russia deepened Iran support with missile launcher deal despite Ukraine war strains
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Wheat prices rose, driven by weaker Russian export prospects and the situation in the Black Sea.
Wheat prices rose, driven by weaker Russian export prospects and the situation in the Black Sea.
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The Islamic Revolutionary Guard Corps (IRGC) stated that two oil tankers and a tugboat caught fire in the Strait of Hormuz, and that two U.S. military drones were seized.
The Islamic Revolutionary Guard Corps (IRGC) stated that two oil tankers and a tugboat caught fire while attempting to pass through "unauthorized routes" in the Strait of Hormuz. One large oil tanker
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International oil prices fell for the fourth consecutive day as the outcome of the US midterm elections eased concerns over war.
International oil prices fell for the fourth consecutive day as the U.S. midterm election results eased concerns over war. Brent crude futures dropped 97 cents (or 1.03%) to $93.65 a barrel, while WTI
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China's spot copper supply continues to tighten, with spot premiums surging and buyers scrambling for physical copper
China's spot copper supply continues to tighten, with spot premiums surging and buyers scrambling for physical copper
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Saudi and Syrian defense authorities sign cooperation agreement in Riyadh
The defense departments of Saudi Arabia and Syria signed a cooperation agreement in Riyadh; prior to this, Saudi Crown Prince Mohammed bin Salman met with Syrian President Ahmed al-Sharaa in Riyadh on
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EGX Token Analysis: Enegra and EagleX Project Status and Potential Considerations
EGX tokens primarily refer to Enegra (EGX), a tokenized security issued on the Polygon blockchain, representing equity in Enegra Group Ltd., a company specializing in commodity trading. Enegra Group possesses audited net asset value of physical commodity off-take exceeding $33 billion. As a security token, its trading and holding are subject to KYC/AML restrictions. Additionally, there is another token with the same ticker, EagleX (EGX), in the market, but it currently has zero trading volume and extremely low market activity. This article will discuss the current status and characteristics of these two EGX tokens separately.
Commodities
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ETH (Ethereum) surged 5.31% in 1 hour, currently trading at $2,439.61
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How to buy and sell HERO? First distinguish the project, then check the listing channels
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Cosmos (ATOM) Outlook Analysis: Tokenomics Restructuring and Cross-Chain Upgrades
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Why 1WO Price Predictions Are Unreliable: Current Status and Liquidity Analysis of 1World Online
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Current Status and Future Outlook of IMX in Blockchain Gaming
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International Policy Analyst: US Midterm Election Results Indicate War with Iran Has Become a Political Liability
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What is OCEAN? Ocean Protocol Mechanism, Token, and Risk Analysis
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XPX Token Trading Guide: Analysis of XPX Exchange Listings and Buying/Selling Methods
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What is Bee Network? The Relationship and Current Status of Bee Network and Pi Network
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What is BIMP Coin? An Analysis of BIMP Coin's Project Background and Current Market Status
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