July 23, 2026 11:20 am, EDT A combine harvester at work during wheat harvesting in a field in Chemlitz, Germany. (Kriztian Bocci/Bloomberg) key takeaways: Crop prices surged to three-year highs as heat waves in Europe and rising Black Sea swells threatened global grain trade and food supply chains. Prices of wheat, soybeans and other crops
“A wave of oil is about to enter the market,” said Natasha Kanaeva, head of commodity research at JPMorgan Chase & Co. (Elke Scolliers/Getty Images via Bloomberg) July 2, 2026 10:36 am, EDT key takeaways: Oil fell below pre-war levels after Saudi Arabia resumed crude exports from its Ras Tanura terminal at normal rates. UAE
A tanker moored near Port Sultan Qaboos in Muscat, Oman, on June 21. (Elke Scolliers/Bloomberg) June 24, 2026 2:27 pm, EDT key takeaways: A surge in oil cargoes through the Strait of Hormuz, reopened following the US-Iran deal, has triggered oversupply and weak markets across Europe and Asia. Excess supply from Middle Eastern exports and
A driver checks the price of gas before filling up at a gas station in Lincolnshire, Illinois. (Nam Y. Huh/AP) June 15, 2026 8:35 am, EDT key takeaways: Oil prices fell early on June 15 due to the agreement to end the Iran war and reopen the Strait of Hormuz, although they remain above pre-war