Markets · Commodity markets, July 13

What moved in commodities

Monday, July 13, 2026. From GEO's evening brief, after the close.

Oil is the dominant story into the close, with WTI up more than 9% as US and Iran exchange strikes around the Strait of Hormuz and tanker traffic thins to a two-month low. The risk-on move in energy contrasts with a pullback in precious metals, where gold slid back from record territory, while corn led grains higher on weather concerns.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.