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Iranian Foreign Ministry Spokesperson: Iran's military capabilities guarantee our right to self-defense.
2026-06-26
Iranian Foreign Ministry Spokesperson: Iran's military capabilities guarantee our right to self-defense.
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2026-06-26
Fitch’s BMI commodities research unit keeps its 2026 gold average forecast at $4,600/oz and expects the Federal Reserve to take no rate action this year. BMI says the Fed’s earlier hawkish tone raised rate expectations and creates material downside r
Fitch’s BMI commodities research unit keeps its 2026 gold average forecast at $4,600/oz and expects the Federal Reserve to take no rate action this year. BMI says the Fed’s earlier hawkish tone raised rate expectations and creates material downside risk for gold, but if inflationary pressure linked to the Middle East conflict fades as the recent US–Iran agreement eases tensions, the most likely outcome is rates remaining unchanged for an extended period. Near-term gold moves will be driven by Fed policy signals; precious metals are vulnerable to repricing and a stronger dollar.
2026-06-27
On June 26 (local time) Iraq’s oil ministry said OPEC has begun gradually restoring Iraq’s oil production quota to levels before the outbreak of the US‑Israel‑Iran conflict. On June 25 an oil ministry official warned Iraq might consider leaving OPEC
On June 26 (local time) Iraq’s oil ministry said OPEC has begun gradually restoring Iraq’s oil production quota to levels before the outbreak of the US‑Israel‑Iran conflict. On June 25 an oil ministry official warned Iraq might consider leaving OPEC if its crude quota was not significantly increased; the ministry later issued a statement denying that Iraq was considering an exit from OPEC.
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