Latest / The Commodities Trade Institute Podcast
Pipeline Outage Risks 4% Oil, $26 LNG, Russian Grain Shock, Yttrium
A drone strike on Saudi Arabia's East-West pipeline puts four percent of global crude supply at immediate risk as Yanbu storage dwindles to a five-day cushion, propelling crude above one hundred dollars per barrel alongside record twenty-six-dollar Asian LNG spot rates. Meanwhile, escalating Black Sea warfare slashes Russian seaborne grain exports by sixty-two percent, shifting agricultural flows toward South America where Argentine soybean sales top one million tons. In industrial metals, a one-hundred-million-dollar banking probe hits iron ore trader Radiant World as China tightens its…
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