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Commodity Watch — Jul 13, 2026, 12:00 UTC
Crude Oil surged 3.57% today, hitting $73.96 a barrel. This sharp move directly reflects escalating geopolitical risks. News headlines confirm renewed US-Iran tensions. The "US-Iran Ceasefire Collapse" is driving WTI volatility. We also see "Hormuz Traffic Slows," impacting global supply concerns.
Key takeaways
- Crude Oil surged 3.57% today, hitting $73.96 a barrel.
- Meanwhile, Gold, often a safe haven, is down 1.11% to $4,068.
- Silver also fell 2.28% to $58.795.
Transcript
Crude Oil surged 3.57% today, hitting $73.96 a barrel. This sharp move directly reflects escalating geopolitical risks. News headlines confirm renewed US-Iran tensions. The "US-Iran Ceasefire Collapse" is driving WTI volatility. We also see "Hormuz Traffic Slows," impacting global supply concerns. Meanwhile, Gold, often a safe haven, is down 1.11% to $4,068. Silver also fell 2.28% to $58.795. This shows a complex market response. While energy prices react instantly to supply shocks, precious metals are seeing profit-taking or digesting recent gains. This despite a Fear and Greed Index showing 28, indicating fear. Global events are dictating market moves. Middle East instability translates directly into energy costs. Vigilance remains key in these volatile times. This is "Commodity Watch" on rawfin.tv.
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