Oil prices fall to three-week low after Trump calls off planned attack
Oil prices declined sharply on Monday as hopes rose among investors of a potential deescalation in the war between the U.S. and Iran. Source:MarketWatch
The Iran war sent investors into fertilizer stocks — but here’s the China risk everyone’s missing
The fertilizer trade as it relates to the Iran war and the Strait of Hormuz is really three trades pointed in different directions. Source:MarketWatch
OPEC+ may keep lifting its oil output quotas as the Iran war broadens. Why that won’t help lower prices.
The Organization of the Petroleum Exporting Countries and its allies may decide Sunday to lift their oil production quotas for a sixth straight month — but…
ExxonMobil, Chevron’s combined profits quadrupled in three months as the Iran war raged
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion. Source:MarketWatch
Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian…
U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGCbacked…
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
Lower gas prices after temporary Iran truce tugs inflation lower Source:MarketWatch
Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the…
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.…
Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures. Source:MarketWatch
Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%
Bitcoin traders weathered an oilprice surge and ongoing Asia chipstock selloff into the Federal Reserve interestrate decision. Source:Cointelegraph
Economy is poised to show strong second-quarter growth — but only after a look under the hood
The U.S. economy churned out another robust rate of growth in the second quarter even as the Iran war boosted inflation, but that might not be so readily…