Commodity Watch — Aug 25, 2026, 12:00 UTC

Transcript

Crude Oil Oct 26 plunged 2.88% today, settling at $82.56 a barrel. This significant drop comes amidst heightened Iran geopolitical tensions. We are seeing reports of potential US sanctions on Iran. China vows to protect its interests. UK energy chiefs are briefed on cyber attacks. Bangladesh seeks more LNG cargoes. Despite these supply risks, crude prices fell. This suggests demand concerns might be overshadowing immediate supply fears. Or, perhaps, a market already priced in some risk. Gold Dec 26 shows little safe-haven reaction. It is nearly flat, down just 0.05% at $4,695.6. This indicates broader market sentiment is not in full panic mode. Copper, an industrial bellwether, edged up 0.59% to $6.644. This could signal underlying industrial demand resilience. The interplay of geopolitics and demand signals is complex. Watch for further developments in the Middle East. Energy and metals markets remain highly volatile. This is "Commodity Watch" on rawfin.tv.