Aug 13, 2026 5:02 a.m.
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economy

Oil extended gains to one-week high as Iran vows prolonged Hormuz closure
12 Aug 2026 Global crude benchmarks advanced on Tuesday to reach their highest settlement levels in a week, as hardline rhetoric from Tehran dashed expectations for a swift diplomatic resolution to restore traffic through the Strait of Hormuz.
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12 Aug 2026

economy

Freightos Baltic: Transpacific spikes on extended US demand while Asia-Europe slides

Container spot rates on Transpacific routes diverged sharply from broader market weakness this week, as unexpected US demand resilience and extended tariff frontloading propelled Asia-US West Coast rates up 11%.
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12 Aug 2026

economy

Commodity Exchange: 12 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 12 August 2026 session with the following settlements.
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11 Aug 2026

economy

Oil surged 5% as mutual US-Iran demands extinguish Hormuz reopening hopes

Global crude benchmarks surged roughly 5% on Monday, snapping the previous week’s steep sell-off as escalating political demands between Washington and Tehran dashed expectations for a near-term deal to reopen the Strait of Hormuz.
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11 Aug 2026

economy

Commodity Exchange: 11 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 11 August 2026 session with the following settlements.
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10 Aug 2026

economy

Oil climbed over 1% as unworkable Hormuz transit fees stall diplomatic breakthrough

Global crude benchmarks advanced more than 1% on Friday as structurally unviable transit fee proposals in Oman-brokered negotiations stalled diplomatic efforts to reopen the Strait of Hormuz, cementing geopolitical risk premiums.
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10 Aug 2026

economy

GC builds Indonesian market moat as 137 Thai resin grades secure first-ever Halal certification

PTT Global Chemical (GC) has become the first Thai plastic resin manufacturer to secure official Halal certification in Indonesia, establishing a critical first-mover advantage within Southeast Asia's most rigorously regulated consumer market.
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10 Aug 2026

economy

Commodity Exchange: 10 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 10 August 2026 session with the following settlements.
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