commodity markets

Breaking Geopolitics Macro

Bessent’s China Framework Targets Sectors, Not Blanket Tariffs — But Hawks May Block It

Treasury Secretary's approach manages competition through semiconductors, EVs, and rare earths while commodity markets price in implementation risk.

6 min read ·
Energy Markets

Gunvor’s Q2 Oil Warning: Volatility Windfall Meets Demand Destruction

World's fourth-largest crude trader matches full-year 2025 profit in Q1 2026 alone, signals 'very choppy' second quarter ahead as Iran tensions and OPEC+ uncertainty collide with weakening consumption.

8 min read ·