Headlines: Fars news denies reports of Iran ready to reopen Strait of Hormuz if the US eases blockade Oil prices extend decline as Saudi Arabia restarts East-West pipeline, prepares to resume crude exports Silver remains supported amid growing Middle East de-escalation hopes as Iran offers to reopen Hormuz Oil prices hover near $100 ahead of potential US-Iran talks, what happens if Brent crude…
Reports of potential negotiations between Iran and the US and the possibility of the Strait of Hormuz reopening pushed oil prices lower earlier in the session, but Iranian sources are now denying the claims via Fars News. Kyodo and Reuters reported earlier, citing Iranian sources, that Tehran could be prepared to reopen the Strait of Hormuz within seven days if the US reduced military pressure…
If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barrel, strategists at the bank said.
Federal prosecutors in Manhattan and the Justice Department are said to be investigating whether the crypto exchange knowingly permitted users to bypass U.S. sanctions on Iran.
Saudi Arabia is preparing to resume crude oil exports from the Red Sea port of Yanbu as early as Tuesday, according to people familiar with the matter, in another sign that the kingdom is gradually restoring its disrupted oil export infrastructure. Several Asian refiners have reportedly been informed by Saudi Aramco that they will soon be able to collect crude from Yanbu again. The development…
Iran has offered to reopen the Strait of Hormuz within seven days if the United States takes steps to ease military and economic pressure on Tehran, according to a senior Iranian government official cited by Kyodo News. The proposal was reportedly conveyed to Washington through intermediaries as diplomatic efforts intensify around the UN General Assembly in New York. Under the proposal, Iran…
After all the hype and talk about the Fed, somehow stocks are finding some breathing room again. The Nasdaq closed at a record high on Monday as AI optimism returned, while the S&P 500 also posted a strong rebound. Lower oil prices and a mild retreat in Treasury yields have helped improve the mood after last week's volatility. However, I don't think broader markets are completely out of the woods…
Solstice CEO Ben Nadareski says deeper liquidity and growing institutional participation could make future crypto bull runs less volatile than previous cycles.
