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Daily Market Digest (May. 11, 2026) 🤖 AI-Powered
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The United States and Israel have largely destroyed Iran's conventional naval fleet in a massive bombing campaign since February 28. …
Saudi Arabia has slashed oil output by roughly 20% as the war with Iran continues to choke off exports from …
The operator of Tengiz, the biggest oilfield in Kazakhstan, on Friday said it is investigating an incident from Wednesday, which …
Brent crude is set to close above $100 for the first time since 2022 as tensions around the Strait of …
The war in the Middle East has effectively shut in 15% of TotalEnergies’ global oil and gas output, while the …
For decades, global attention has focused on the potential “red line” of Iran’s nuclear program. Intelligence agencies track centrifuge installations, …
Investment banks are scrambling to revise up their oil price forecasts as the Middle East war cripples supply from the …
Crude oil markets experienced intense volatility between March 8 and March 12 as traders reacted to escalating geopolitical tensions, threats …
Oil on War Footing The disruption to Qatar’s LNG system is now spreading through the global trading network. Shell and …
The IEA estimates that at least 10 million bpd of supply has already been shut in, making it the largest …
Refiners can legally buy at least 19 million barrels of Russian crude held on 25 tankers in Asia under the …
Goldman Sachs expects Brent Crude prices to average over $100 per barrel this month as the Middle East war continues …
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