Energy Select Sector SPDR Fund

Global Oil Tanker Attacks Threaten Shipping Lanes in Red Sea, Hormuz, and Black Sea

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Global oil tankers and maritime supply chains face escalating attacks across the Middle East and Europe, driving Brent crude above $100 per barrel for the first time since May, according to energy markets data and commodity strategists. Economic warfare has turned commercial shipping lanes into active combat zones, threatening millions of barrels of daily crude … Read more

Wall Street Stumbles on Oil Surge as Lilly Pivots Obesity Drug Strategy

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Oil prices surging past $90 per barrel for U.S. benchmark WTI crude and topping $100 for international standard Brent are driving inflation concerns and pushing bond yields higher, according to the CNBC Investing Club. According to the same source, this commodity rally has sent the 10-year Treasury yield to 4.70%, marking its highest level since … Read more

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