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Commodities news — August 1, 2026

Publications tagged with Commodities published on August 1, 2026 (UTC). This is a fixed calendar-day archive.

68 publications

  8. BusinessBudgetTradeLogisticsCommodities

    Government's Economic Strategy for Next Two Years

    The first deputy president, in a meeting with Tehran's Chamber of Commerce managers, outlined the government's economic strategy for the next two years. The strategy aims to ensure people's livelihood, maintain market stability, and control inflation. The government plans to tackle price gouging, hoarding, and shortages, and encourages guilds to cooperate. The strategy has been successful in managing goods without shortages, even during war conditions. However, the government is prioritizing maintaining public calm. The deputy president also addressed the issue of exchange rates affecting goods' prices disproportionately.
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  12. WorldBillSouth AmericaConflictCommodities

    Iran Warns: World's Major Energy Facilities Within Range of Its Missiles

    Iran's Fars News Agency has published a list of major energy facilities in the Middle East and Israel that it claims are within range of Iranian missiles. The list includes crucial oil and gas fields and refineries in Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, and Bahrain, as well as Israel's Leviathan and Tamar gas fields. Iran warns that these facilities could be targeted in case of a conflict escalation.
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  13. ScienceCommodities

    Samsung Warns: Memory Shortage to Worsen Through 2027

    Samsung, a leading memory chip manufacturer, has warned that the ongoing global shortage of computer memory is expected to worsen significantly in 2027 and last until at least 2028. The increased demand, primarily driven by the push for more AI data centers that need tons of RAM and GPUs, has largely gone unmet this year. Existing orders are being carried over into next year, which is likely to exacerbate the already tense situation. As a result, prices could soar even higher, if not remain at a similarly high level. The shortage is expected to continue all the way through 2026 and well into 2027, with some predictions extending until 2028. Samsung is trying to avoid traditional boom-and-bust cycles by securing long-term contracts with customers and increasing production predictability.
    7 sourcesSee all sources
  16. WorldRegulatorsMiddle EastCommoditiesEsports

    UAE Announces Fuel Prices for August 2026

    The UAE Fuel Price Committee has announced the new fuel prices for August 2026. After a decrease in July, prices have increased again due to global market fluctuations. The new prices are: Super 98 (AED 3.60), Special 95 (AED 3.49), E-Plus 91 (AED 3.41), and Diesel (AED 3.80) per liter. These prices are part of the UAE's monthly pricing mechanism that tracks global energy prices and reflects changes in the local market.
    6 sourcesSee all sources
  17. SocietyTradeCommoditiesEquities

    Apple Stock Plummets on Weak Forecast Amid Component Shortages

    Apple shares dropped significantly, losing nearly $500 billion in value, after a weak forecast indicated component shortages. The iPhone maker is struggling to secure enough components due to the AI-driven data center boom straining global supply chains. This situation threatens to impact both the personal computer and smartphone markets this year. Apple's services business also showed weakness, raising concerns about future revenue streams. Analysts are questioning Apple's supply chain leverage and the AI impact on its products.
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  21. WorldMiddle EastNorth AmericaCommodities

    South Korean Giant Posco Expands Lithium Production in Argentina

    The Government of Argentina approved the second phase of the Sal de Oro lithium project, led by South Korean steel giant Posco. The $547 million investment aims to produce 23,000 tons of lithium carbonate annually, generating over $300 million in exports. This expansion boosts Argentina's lithium chain and aligns with Posco's global production goals.
    4 sourcesSee all sources
  23. BusinessTradeCommoditiesEquities

    Tether Surpasses 146 Tons of Gold Reserves

    Tether, the company behind the USDT stablecoin, has reported a significant increase in its gold holdings, surpassing 146 metric tons in Q2 2026. This makes Tether the largest known holder of gold outside of banks and nation states. Alongside this, Tether's Bitcoin reserves grew to approximately 98,936 BTC, valued at $6.23 billion, and the company reported a net operating profit of $1.5 billion for the quarter.
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