Commodity Watch — Jun 17, 2026, 12:00 UTC

Transcript

Welcome back to Commodity Watch live on rawfin.tv. Markets are gripped by extreme fear today. Our Fear Greed Index stands at a stark 22. Oil prices are reacting to pivotal geopolitical shifts. Headline news confirms the US and Iran agreed to reopen the Strait of Hormuz. This deal aims to halt conflict. Canada supports this MOU citing potential oil market stability. This significantly reduces supply risk. Oil prices are moving lower on this de-escalation. Gold the traditional safe haven is barely holding. It trades at 5 006.7 down just 0.03 . Despite extreme fear geopolitical de-escalation limits its surge. Looking at industrial metals Copper sits at 5.765 down 0.04 . This slight dip reflects ongoing economic uncertainty. The RBA warns Australia faces a shock-prone financial system. This highlights global economic fragility. Geopolitical stability remains fragile. But the US-Iran agreement offers a crucial moment. It directly impacts global energy flows. We are watching these complex dynamics closely. This is Commodity Watch