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Oil Set for Weekly Gain as U.S. Targets Iran Exports; Tariff Fears Ease

Oil markets are performing well this week despite ongoing geopolitical complexities. Brent crude advanced toward a 1% weekly gain, trading at $75.43 per barrel, while WTI crude remained stable around $71.06.

The positive momentum stems from two key factors: the U.S. Treasury’s aggressive plan to reduce Iranian oil exports by over 90%, and President Trump’s measured approach to reciprocal tariffs, opting for study rather than immediate implementation.

However, market analyst Stephen Innes suggests that while prices may trend lower, an immediate collapse is unlikely. The potential resolution of the Russia-Ukraine conflict has partially reduced the fear premium in oil prices, though fundamental supply-demand dynamics remain the primary price drivers. Meanwhile, natural gas emerged as a standout performer, surging toward a 13% weekly gain.

Silver bullion bars in front of a data center server room, representing silver demand from AI data centers
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Why Is Silver Demand Tied to AI Data Centers?

Most coverage of silver’s 2026 rally blames the Fed and the dollar. A quieter demand story has been building for less than two years: AI data centers now need silver for their power systems, layering onto an already six-year supply deficit.

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Inherited Gold IRA beneficiary designation form with a fountain pen and an American Gold Eagle coin, representing the paperwork that determines how a Gold IRA passes to heirs
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Inherited Gold IRA: Beneficiary Rules & the Step-Up Basis Gap

Physical gold you own outright gets a full step-up in basis at death. Gold inside a Gold IRA never does — it’s taxed to your heir as ordinary income instead, on a ten-year clock the IRS only fully clarified in 2024. Here’s what a beneficiary needs to know before a missed deadline costs 25% of the account.

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