Markets · Commodity markets, July 14

Risk premium is back across the board as US-Iran hostilities intensify

Tuesday, July 14, 2026. From GEO's evening brief, after the close.

Crude jumped over 2%, gold cleared $4,000/oz, and even industrial metals and grains caught a bid, with palladium the day's standout at more than 5%. The Strait of Hormuz remains the throughline, threatening both oil and LNG flows.

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