Yearly Archives: 2026
41654156156Oil Rallies Toward $100 as Tanker Attacks in Iraqi Waters
Written on March 12, 2026 at 6:42 am, by pumarketings
Key Takeaways: *Oil Prices Surge 7%: Despite the G7 and IEA announcing a record 400-million-barrel oil release, prices jumped back toward $99/bbl (Brent) and $93/bbl (WTI) following fresh sabotage in the Gulf. *Sabotage in Iraqi Waters: Two international oil tankers were set ablaze in the northern Persian Gulf near Iraq and Kuwait. Footage shows theContinue Reading
Safe-Haven Precious Metals Amid Escalation Middle East Tension
Written on March 12, 2026 at 6:39 am, by pumarketings
Key Takeaways: *Iran’s Islamic Revolutionary Guard Corps intensified attacks on commercial vessels and enforced a blockade of the Strait of Hormuz, bringing tanker traffic close to a standstill. *Surging oil prices lifted inflation expectations, strengthening the U.S. Dollar Index and Treasury yields, which temporarily weighed on non-yielding assets like Gold and Silver. *Escalating geopolitical risksContinue Reading
Escalating Tension in Middle East Reshapes Energy Markets and Fixed Income
Written on March 12, 2026 at 6:36 am, by pumarketings
Key Takeaways: *Iranian strikes on vessels near the Strait of Hormuz disrupted global energy flows, pushing West Texas Intermediate above $90 and Brent Crude toward $95. *The U.S. 10-Year Treasury Yield climbed to around 4.21% as investors demanded higher compensation for inflation risks from surging energy prices. *The U.S. Dollar Index strengthened near 99.30, overtakingContinue Reading
