Brent oil tops $90 after first U.S. and Iran fighting in a month
Oil prices jumped on Monday after the U.S. and Iran exchanged fire for the first time in a month. Source:MarketWatch
Party balloons could become a ‘luxury’ as the Iran war spurs a helium shortage
Dollar Tree says a helium squeeze has hit sales of balloons and party supplies. Researchers note this could foreshadow higher costs for other industries that…
The bull market for stocks is defying everything, but Bank of America warns that an autumn reality check is coming
The midterm elections and a potential end to the Iran war could present challenges to this bullish stock market, Bank of America strategists said.…
On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices
Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market. Source:MarketWatch
Oil prices extend slide as Iran and Oman eye temporary Hormuz deal
West Texas Intermediate and Brent crude’s October contracts declined by almost 7% and 9% in five days, respectively. Source:MarketWatch
Oil prices decline as investors brush aside Bessent’s ‘economic D-Day’ for Iran
West Texas Intermediate and Brent crude’s contracts for October delivery both declined by about 3%. Source:MarketWatch
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGCQF oil sales since 2023. Source:CoinDesk
US targets Iran’s crypto sector, cites over $100M in oil-linked payments
The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAEbased broker processed over $100 million in crypto for oil sales.…
Oil trades lower even as Bessent promises ‘economic D-Day’ announcement on Iran
One key is how any new U.S. sanctions might affect China, the No. 1 buyer of Iranian crude oil. Source:MarketWatch
Bitcoin price reaches $72.5K as US issues ‘Economic D-Day’ threat to Iran
Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Source:Cointelegraph
Oil prices jump after Trump declares economic war on Iran
West Texas Intermediate and Brent crude’s frontmonth contracts both climbed after President Donald Trump said he was launching a “crushing economic operation”…
Live updates: Bitcoin holds $64,000 as surging yields and oil drain risk appetite
The 30year Treasury yield hit its highest since 2007 and Brent topped $91 as the USIran conflict escalates, pressuring stocks. Bitcoin is holding its range,…