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The post Brent: Crude breaks lower on US-Iran optimism – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Lloyd Chan reports that Brent has fallen below earlier May lows, with prices dropping to around $94 per barrel. He attributes the move to growing optimism over a potential US‑Iran deal, though he stresses that uncertainty over an imminent breakthrough remains. Reports of Trump’s dissatisfaction with negotiations and subdued Strait of Hormuz tanker traffic underscore lingering supply‑risk concerns. Oil pressured by US-Iran deal hopes “In energy markets, Brent crude has broken lower to $94.29/bbl, falling below the 7 May low of $96.03/bbl.” “This move likely reflects growing optimism around a potential US-Iran deal.” “However, there remains uncertainty of an imminent breakthrough.” “Reports suggest that Trump was “not satisfied” with the progress of negotiations with Iran, while tanker traffic through the Strait of Hormuz is still quite subdued.” (This article was created with the he
Read full articleHeightened U.S. military presence in the Strait of Hormuz may escalate regional tensions, impacting global oil markets and diplomatic relations. The post US deploys over 20 warships to enforce blockade against Iran appeared first on Crypto Briefing.
The escalation in US-Iran tensions threatens global economic stability, potentially driving up oil prices and impacting financial markets worldwide. The post Iran strikes US air base in Kuwait as Trump dismisses Hormuz deal, rattling crypto markets appeared first on Crypto Briefing.
The escalation in US-Iran tensions threatens global economic stability, potentially driving up oil prices and impacting financial markets worldwide. The post Iran strikes US air base in Kuwait after Trump dismisses Hormuz deal, rattling global markets appeared first on Crypto Briefing.
The escalation reduces diplomatic prospects and heightens the risk of military conflict, impacting global stability and market perceptions. The post Iran targets US air base in Kuwait after Trump dismisses Hormuz deal appeared first on Crypto Briefing.
The post Crude Oil Prices Today: WTI Tops $91, Brent Nears $97 on Iran Risks appeared on BitcoinEthereumNews.com. WTI crude oil futures climbed above $91 per barrel on Thursday, while Brent crude futures moved toward $97 per barrel. The rebound followed losses in the previous session as traders reacted to a fresh escalation between the United States and Iran. The latest developments weakened expectations for a near-term peace agreement that could end the conflict and reopen the Strait of Hormuz. The waterway remains one of the world’s most important energy chokepoints. Roughly one-fifth of global oil supplies typically pass through the strait. Any disruption immediately grabs the attention of energy traders and raises concerns about global supply security. So what changed sentiment this week? Military Escalation Clouds Peace Prospects Reports indicated that US forces struck an Iranian military site believed to threaten American troops and commercial shipping routes near the Strait of H
The post AUD/NZD Faces Corrective Phase, MUFG Analysts Warn appeared on BitcoinEthereumNews.com. The Australian Dollar is currently undergoing a corrective phase against the New Zealand Dollar, according to analysts at MUFG Bank. The assessment, based on recent currency market movements, suggests a shift in the short-term trend for the AUD/NZD pair, a key cross rate in the Asia-Pacific forex landscape. MUFG’s Technical and Fundamental View MUFG’s analysis points to a combination of technical factors and shifting economic fundamentals driving the corrective move. The Australian Dollar had previously strengthened against its Kiwi counterpart, but recent price action indicates a loss of momentum. The analysts note that the corrective phase does not necessarily signal a long-term reversal, but rather a period of consolidation or pullback within the broader trend. Key factors influencing the pair include diverging monetary policy expectations between the Reserve Bank of Australia (RBA) and
The post Trump Vows Crypto Market Structure Law That ‘Cannot Be Undone’ appeared on BitcoinEthereumNews.com. Key Takeaways Trump promised lasting crypto legislation designed to survive future regulatory leadership changes. Federal market structure rules could reshape oversight for exchanges, tokens, and derivatives. Congress now faces pressure to convert pro- crypto messaging into binding U.S. legislation. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified his administration’s push for durable U.S. crypto regulation on May 27, arguing that America has become the global center for digital asset innovation. In a post on his social media platform Truth Social, Trump accused former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and anti- crypto regulators of weakening the industry by pushing bitcoin, crypto perpetuals, and innovation overseas. Trump claimed that his administration reversed that offshore shift and brought builders and
Rising US-Iran tensions could destabilize Middle East geopolitics, impacting global oil markets and complicating diplomatic resolutions. The post US-Iran ceasefire unravels, tensions rise, oil prices surge appeared first on Crypto Briefing.
