Commodity Watch — Sep 13, 2026, 12:00 UTC

Transcript

Crude Oil Oct 26 is down 2.37% today. Trading at $100.05, oil saw volatile moves. Yesterday, headlines reported Iran launching missiles at Jordan. That initial news caused a $1 jump. Now, breaking news confirms Iran and Oman plan transit fees. These fees target Strait of Hormuz shipping. This critical global lane faces new costs. Such moves escalate regional tensions significantly. They directly impact global energy markets. Increased shipping costs could dampen demand. OPEC+ output decisions add another layer. Meanwhile, Gold Dec 26 is barely up 0.04%. It sits at $4,408.9. This metal holds steady. It signals underlying market caution. Gold remains a key safe haven asset. Investors seek stability amidst global uncertainty. The geopolitical landscape clearly drives these commodity moves. Middle East tensions remain a flashpoint. These events directly impact global trade. They influence energy prices. They shape investment decisions worldwide. For rawfin.tv, this is Commodity Watch.