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California’s $5.86 Gas Spike, India's Gold Halt, and the UK’s Carbon Tax Pivot
Description
Global commodities are diverging sharply as the Iran conflict disrupts energy flows and reshapes supply chains. Oil prices surge to record highs in Europe and Asia while U.S. markets remain buffered by SPR releases and Venezuelan imports. Metals face operational disruptions and policy-driven trade halts, while agriculture sees shifting crop strategies, record corn forecasts, and falling soybean revenues despite rising volumes. LNG delays and carbon policy changes add further complexity to an already fragmented global market.
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Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy