WTI Crude Oil Drops From $95 to $89 as Iran and Israel Halt Fire
On Tuesday, West Texas Intermediate crude oil dropped over 5% to around $89.13 a barrel, and Brent crude slid to $93 a barrel, reversing spikes triggered by recent Middle East…
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$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz
Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies…
Bitcoin Price Reacts as Iran Strikes Israel and Trump Weighs In on a Peace Deal
The tension in the Middle East escalated once again on Sunday evening as Israel attacked sites in Lebanon that contained Hezbollah structures and personnel, and Iran responded with warning strikes…
Bitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?
Bitcoin is currently knocking on the door that helped it bounce during the February crash at $60,000. The asset dumped toward $61,000 earlier today, which was hard to imagine just…
US Sanctions Iran’s Largest Crypto Exchange Nobitex in Major ‘Economic Fury’ Crackdown
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is…
Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow
The U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows tied to Iran.…
Cheap Oil May Not Be Coming Back Soon as Markets Price Supply Risks
Cheap oil may not return soon, leaving investors, businesses, and consumers exposed to higher costs for longer. A new supply-security premium could keep inflation pressure alive, delay rate cuts, and…
Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at Reagan Forum
The U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in Simi Valley, California.…
Trump Pushes Iran Ceasefire as Wall Street Posts Record Highs and Main Street Bleeds
U.S. stock indexes closed at all-time highs on Friday, May 29, 2026, as optimism around a potential U.S.-Iran deal, strong tech earnings, and artificial intelligence (AI) momentum pushed the S&P…
After 2,093 Hours in the Dark: Iran Partially Restores Internet Following 88-Day Blockade
The partial restoration of the service comes after one of the largest internet blockades of this kind, starting after the first strikes of the U.S.-Israel coalition against the Iranian regime.…
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