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| Food & Beverages

Brazil Coffee Harvest Delays Fuel Fresh Jump in US Coffee Prices

Delays in Brazil's coffee harvest are being linked to a renewed rise in US coffee prices, even as reports point to easing supply conditions elsewhere in the global market. Brazil's position as the world's largest coffee producer means slower-than-expected harvesting there is rippling through pricing despite looser supply pressure in other regions.

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Isabella Romano
Senior Food & Beverage Trade Analyst
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| Energy & Fuels

Hormuz Tanker Attacks Trigger US Sanctions Move, Oil Price Surge

Iranian attacks on three commercial vessels in the Strait of Hormuz, including a Qatari LNG carrier, prompted new US strikes on Iran and the revocation of a sanctions waiver on Iranian oil sales. Brent crude jumped as much as 6% intraday, tankers made U-turns, and the IMO urged ships to avoid the waterway.

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Priya Raghavan
Energy Markets Analyst
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