Global Economy News
LAST UPDATE: September 10, 2025
US Says Global Oil Glut Is Already Underway as Stockpiles Grow
The U.S. reported that global oil stockpiles are swelling now, signaling that a supply glut is already underway.
Insight
This early warning could pressure oil prices and influence energy policy, given the lag between inventory growth and market impact.
Do central banks really have more gold than US Treasury bonds?
Although central banks hold slightly more U.S. Treasuries ($3.92 trillion) than gold ($3.86 trillion) as of June, recent gold price surges likely tilt the balance in gold’s favor.
Insight
The shift stems from price rally dynamics rather than structural reserve strategy changes, reflecting hedging demand amid uncertainty.
Donald Trump’s deep-sea mineral stockpile gets a boost from Bahrain
Bahrain is sponsoring U.S. start-up Impossible Metals in its bid to mine deep-sea minerals, enabling Trump’s push to build a strategic stockpile despite U.S. not being an ISA member.
Insight
The partnership underscores strategic resource diversification and geopolitical maneuvering amid global competition for critical minerals.
