US-Iran MoU Pushes Brent Below $80 as Traders Price In Strait of Hormuz Reopening
Global oil prices hit a two-month low on June 16, with Brent crude briefly dropping below $80 a barrel and WTI crude falling 4% to $77.43, driven by enthusiasm over…
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Global oil prices hit a two-month low on June 16, with Brent crude briefly dropping below $80 a barrel and WTI crude falling 4% to $77.43, driven by enthusiasm over…
Risk assets rallied sharply on Monday morning as a U.S.-Iran peace framework, a record-setting SpaceX IPO, and easing oil prices converged to push bitcoin past $66,600 and equity futures to…
Trump’s Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Trump’s new warning on Iran and a hotter 6.5% producer inflation print gave…
The U.S. Bureau of Labor Statistics reported Wednesday that May 2026 headline consumer price inflation climbed to 4.2% year-over-year, the hottest reading since April 2023, driven almost entirely by a…
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…
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…
Robert Kiyosaki warned that Iran’s yuan-based oil payments could intensify pressure on the U.S. dollar. His comments cited Ray Dalio’s petrodollar analysis and reports involving Strait of Hormuz traffic. Kiyosaki…
Iranian diplomats landed in Doha, Qatar, on Monday, for high-level talks with U.S. counterparts aimed at building a peace framework, sending oil prices lower and pushing risk assets including bitcoin…
Oil markets slid over the Memorial Day weekend as President Trump said a deal to reopen the Strait of Hormuz is “largely negotiated,” pulling Brent crude below $99 while bitcoin…
Intercontinental Exchange and crypto platform OKX are preparing to launch perpetual oil futures tied to Brent and WTI benchmarks. The partnership marks another step in the growing convergence between traditional…