Eamonn Sheridan

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Commodities
Oil update hourly candles 05 May 2026
Commodities

Iran launches boats, missiles and drones at US warships in Hormuz confrontation

  • The US Navy punched through the Strait of Hormuz, but Iran made them fight for every mile of it.
Commodities
strait of Hormuz
Commodities

Chevron chief compares Hormuz crisis to 1970s oil shocks as shortages loom

  • The buffers are gone and the shortages are coming, and the CEO of Chevron just said so out loud.
Stock market update
Weekly candles S&P 500 Goldman Sachs forecast Tuesday, May 5, 2026
Stock market update

S&P 500 target of 7,600 reaffirmed as Goldman warns on inflation and rate cut constraints

  • Goldman Sachs says stay long, but build your hedges while volatility is still cheap.
News
Trump Trade Tariffs
News

Trump tariff refunds to begin May 12 as CBP processes $166bn in claims

  • The bill for Trump's illegal tariffs is coming due, and it starts at $166 billion.
Commodities
Gulf states
Commodities

US edges closer to resuming Iran combat as ceasefire holds by a thread

  • The ceasefire is technically intact, but Iran just shot at the people holding it together.
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