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Indonesia's Ministry of Economic Affairs: Indonesia hopes to exempt copper cathodes produced in Indonesian free ports from the Section 232 tariffs imposed on exports to the United States.

2026-06-05

Indonesia's Ministry of Economic Affairs: Indonesia hopes to exempt copper cathodes produced in Indonesian free ports from the Section 232 tariffs imposed on exports to the United States.

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2026-06-05

The China Earthquake Networks Center officially reported that a 4.8-magnitude earthquake occurred at 00:19 on June 5 in Horgos City, Ili Prefecture, Xinjiang (44.55 degrees north latitude, 80.54 degrees east longitude), with a focal depth of 17 kilom

The China Earthquake Networks Center officially reported that a 4.8-magnitude earthquake occurred at 00:19 on June 5 in Horgos City, Ili Prefecture, Xinjiang (44.55 degrees north latitude, 80.54 degrees east longitude), with a focal depth of 17 kilometers.
2026-06-05

Energy: 1. The attacked port in Oman has resumed operations. 2. Bessant: The US may grant country exemptions for Russian oil. 3. Petronas (Malaysia's national oil company): Advancing offshore oil exploration with regional partners. 4. Russian Dep

Energy: 1. The attacked port in Oman has resumed operations. 2. Bessant: The US may grant country exemptions for Russian oil. 3. Petronas (Malaysia's national oil company): Advancing offshore oil exploration with regional partners. 4. Russian Deputy Prime Minister Novak: Met with the Saudi Energy Minister; both agreed on the uncertainty surrounding oil demand. 5. French Transport Minister: No major concerns regarding French aviation fuel and gasoline supplies. France will not experience fuel shortages this summer. 6. According to a government announcement, India will extend its temporary distribution of kerosene to households for cooking and lighting until June 30, 2026. 7. International Monetary Fund: Global oil inventories are expected to fall to 7.5 billion barrels in July, the lowest level in five years; compared to approximately 8 billion barrels before the Iran-Iraq War. 8. EIA Natural Gas Report: As of the week ending May 29, total U.S. natural gas inventories stood at 2.578 trillion cubic feet, an increase of 95 billion cubic feet from the previous week, and a decrease of 3 billion cubic feet from the same period last year, a year-on-year decrease of 0.1%. This is 138 billion cubic feet higher than the 5-year average, an increase of 5.7%. Precious Metals and Mining: 1. India's HDFC mutual fund has suspended large one-off inflows into gold ETFs. 2. An Abu Dhabi-based copper company received another export exemption for Zambian copper concentrate but still states it has no plans to export. 3. World Gold Council: Global gold ETFs saw net outflows in May; the Fed's interest rate hike may unexpectedly benefit gold.
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