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Commodity Watch — Jul 15, 2026, 12:00 UTC
Crude Oil surged over 9% earlier this week. Today, it holds at $79.85, up 0.64%. This current calm is deceptive. Geopolitical tensions remain the absolute driving force. Headlines reported a Hormuz blockade. Military strikes followed. Iran-US tensions are critically slowing vital shipping traffic.
Key takeaways
- Crude Oil surged over 9% earlier this week.
- Today, it holds at $79.85, up 0.64%.
- It sits at $4,034.7, a 0.86% dip.
Transcript
Crude Oil surged over 9% earlier this week. Today, it holds at $79.85, up 0.64%. This current calm is deceptive. Geopolitical tensions remain the absolute driving force. Headlines reported a Hormuz blockade. Military strikes followed. Iran-US tensions are critically slowing vital shipping traffic. This creates immense global supply fears. OPEC+ production cuts only amplify these pressures. Demand concerns are now secondary to supply disruptions. Gold, the traditional safe haven, is down today. It sits at $4,034.7, a 0.86% dip. This is despite our "Extreme Fear" index holding at 25. Investors are perhaps recalibrating their risk. Or they are simply taking profits after recent gains. Geopolitical uncertainty usually provides a strong boost to gold prices. Its current dip warrants close watching. Silver also slid, down 1.42% to $58.265. Copper is down 0.24% today. These industrial metals reflect a cautious global sentiment. World events create significant, immediate ripple effects. Supply chain vulnerabilities are fully exposed across the board. Every international incident directly impacts your commodity portfolio. Stay informed with rawfin.tv.
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