Persian Gulf
Breaking
Energy
Macro
Gulf Crude Output Down 57% as Goldman Warns of 12-Month Volatility Window
Goldman Sachs analysis reveals 14.5 million barrels per day offline in April, triggering physical crude panic at $150/bbl while futures markets lag—institutional positioning suggests repricing shock if Strait closure extends.
Energy
Geopolitics
Iranian Drone Strike on Kuwaiti Tanker Off Dubai Signals Shift to Commercial Targets
Al Salmi attack marks escalation from military assets to civilian infrastructure, threatening $1.7 trillion in annual Gulf maritime trade as insurance costs spike and 20,000 seafarers remain stranded.
Breaking
Geopolitics
Macro
Persian Gulf Conflict Triggers Dual Commodity Shock as Fertilizer Crisis Compounds Energy Disruption
UN FAO warns cascading food security risks as 30% of global fertilizer trade stalls, creating rare dual energy-agriculture shock with immediate humanitarian consequences.