Iran’s Pezeshkian attends Khamenei funeral, signals leadership continuity

The revocation may escalate U.S.-Iran tensions, potentially disrupting oil supply and impacting global markets due to the Strait's significance. The post US revokes Iran oil waivers after attacks in Strait of Hormuz appeared first on Crypto Briefing.

Khamenei's death may catalyze political shifts in Iran, affecting regional dynamics and increasing geopolitical tensions in the Middle East. The post Iraqi mourners welcome Ayatollah Khamenei’s body amid regional tensions appeared first on Crypto Briefing.

The revocation may exacerbate geopolitical tensions, potentially disrupting global oil markets and driving up prices amid supply concerns. The post US revokes Iran’s oil export license amid Strait of Hormuz tensions appeared first on Crypto Briefing.

The waiver revocation may heighten U.S.-Iran tensions, complicating diplomatic efforts and reducing market confidence in a nuclear deal. The post US Treasury revokes Iran waiver, impacting nuclear deal talks appeared first on Crypto Briefing.

The post New Zealand Dollar weakens amid firm US Dollar, RBNZ eyed appeared on BitcoinEthereumNews.com. NZD/USD trades around 0.5685 at the time of writing on Tuesday, down 0.26% on the day. The pair remains under pressure as the US Dollar (USD) attracts renewed demand following fresh geopolitical tensions in the Middle East, while investors await the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision. According to Bloomberg, citing a US official, Iran fired at least two missiles at commercial vessels transiting the Strait of Hormuz late Monday. Two ships sustained significant damage without any reported casualties, while the UK Maritime Trade Operations also confirmed that a tanker was struck by an unidentified projectile. The escalation in tensions has supported safe-haven flows and strengthened the US Dollar. Meanwhile, expectations for Federal Reserve (Fed) monetary policy continue to evolve following the recent slowdown in the US labor market. Investors now expect the F

The post WTI climbs over 2% as Strait of Hormuz attacks revive supply concerns appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) crude Oil edges higher on Tuesday as fresh attacks near the Strait of Hormuz threaten the recovery in shipping seen in recent weeks following the interim US-Iran peace deal. At the time of writing, WTI is trading around $70.44, up about 2.65% on the day. Iran has repeatedly stated that only vessels using its approved route through the Strait of Hormuz are considered safe and must coordinate with the Islamic Revolutionary Guard Corps (IRGC). Three tankers were hit in the Strait of Hormuz over the past 24 hours, according to the United Kingdom Maritime Trade Operations (UKMTO). The incidents have revived some of the geopolitical risk premium in the Oil market. Traders now turn their attention to Wednesday’s US Energy Information Administration (EIA) weekly inventory report. US crude inventories have fallen for ten straight weeks, pointing to a

The post Israel Opposes Turkey F-35 Sale As Russia Prepares Iran Su-35 Delivery appeared on BitcoinEthereumNews.com. A screen grab captured from a video shows Russian President Vladimir Putin’s plane accompanied by four Su-35 fighter jets equipped with missiles during Putin’s journey to the United Arab Emirates (UAE) on December 6, 2023 in Moscow, Russia. (Photo by Russian Defense Ministry / Handout/Anadolu via Getty Images) Anadolu via Getty Images With indications that President Donald Trump will support lifting the ban on selling F-35 Lightning II stealth strike fighters to Turkey, Israeli Prime Minister Benjamin Netanyahu has predictably expressed opposition. While a delivery of the fifth-generation combat aircraft to Turkey likely isn’t imminent even if swiftly approved, Russia, meanwhile, seems to have made progress in manufacturing the first batch of 4.5-generation Su-35 Flanker fighters Iran ordered years ago. “I don’t think they should be given F-35s or engines for their fight

Khamenei's death creates a power vacuum, potentially altering Iran's geopolitical stance and impacting global crypto market regulations. The post Iran’s supreme leader funeral draws millions as geopolitical tensions simmer, crypto markets watch for sanctions fallout appeared first on Crypto Briefing.