Oil Prices Up As U.S. Cancels Iran’s Sales License, Launches Strikes

Geopolitical tensions in key oil transit regions heighten market volatility, potentially driving crude prices toward record highs by year-end. The post US strikes on Iran push oil prices higher amid Strait of Hormuz tensions appeared first on Crypto Briefing.

The ongoing US-Iran conflict could destabilize crypto markets, highlighting Bitcoin's vulnerability as a risk asset during geopolitical crises. The post US Central Command completes strikes on over 80 sites in Iran as crypto markets brace for impact appeared first on Crypto Briefing.

The post Euro struggles above 1.1400 vs USD as Iran tensions support USD appeared on BitcoinEthereumNews.com. The EUR/USD pair defends the 1.1400 mark during the Asian session on Wednesday, though it struggles to attract any meaningful buyers on the back of renewed US-Iran hostilities. Traders also seem hesitant and opt to wait for FOMC Minutes for more cues about the Federal Reserve’s (Fed) policy path before placing fresh directional bets. The US military launched unleashed a new wave of strikes against Iran on Tuesday following reports of attacks on three oil tankers in the Strait of Hormuz, jeopardizing the already fragile ceasefire. Traders were quick to price in the geopolitical risk premium amid concerns about a further escalation of tensions, which is seen underpinning the safe-haven US Dollar (USD) and acting as a headwind for the EUR/USD pair. Meanwhile, the US also moved to withdraw a key concession that allowed Iran to sell oil on international markets, triggering a sharp r

The post WTI spikes following fresh US airstrikes on Iran appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) oil price continues to advance after registering nearly 5% gains in the previous day, trading around $72.20 per barrel during the Asian hours on Wednesday. Global crude oil prices surged after the US military launched fresh airstrikes against Iran and revoked a key sanctions waiver that had allowed the country to sell oil internationally. The escalation comes on the heels of a series of Iranian attacks targeting commercial vessels in the vital Strait of Hormuz waterway, including a Qatari LNG carrier and a Saudi oil tanker. This renewed friction directly threatens a fragile, interim US-Iran peace agreement and raises the risk of severe global energy supply disruptions as wary shipowners and regional producers avoid the route. The sudden instability marks a sharp reversal from previous market forecasts of a supply glut, which had been expected after OPEC+ raised p

The post U.S. charges in Nijjar killing case lift Polymarket to 72.5% on Hormuz fees appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 08, 2026 00:23 U.S. U.S. charges in Nijjar killing case lift Polymarket to 72.5% on Hormuz fees U.S. Charges in Nijjar Assassination Probe Push Polymarket “Iran Charges Hormuz Fees by Dec. 31” Odds to 72.5% U.S. authorities announced a sweeping set of criminal charges tied to the 2023 assassination of Sikh activist Hardeep Singh Nijjar in Canada, a killing that had strained Canada-India relations. On Polymarket, traders pushed up the implied odds in the ladder market “Iran charges Hormuz fees by…?” with the top rung “December 31” priced at 72.5%. Key Takeaways Polymarket’s leading rung is “Iran charges Hormuz fees by December 31?” at 72.5% Yes (27.5% No). Pricing firmed as the market moved higher, with the leading implied odds up to 72.5% from 68.0% on the latest update. The contract resolves by 2026-08-31 23:59 UTC, while the la

The post US moves to reimpose Iran sanctions as Polymarket keeps RFK Jr at 49% appeared on BitcoinEthereumNews.com. Ted Hisokawa Jul 08, 2026 00:17 On Tuesday, a report said the United States is moving to reimpose sanctions in response to strikes involving Iran. US moves to reimpose Iran sanctions as Polymarket keeps RFK Jr at 49% U.S. Reimposes Iran Sanctions: Polymarket GOP 2028 Nominee Odds Hold Steady With RFK Jr. at 49% U.S. moves to reimpose sanctions after Iran strikes put foreign policy back into the headlines as traders priced longer-dated political scenarios. On Polymarket, odds in the Republican Presidential Nominee 2028 market were flat, with the leader holding steady at 49%. Key Takeaways Polymarket prices Robert F. Kennedy Jr. as the leading 2028 Republican nominee at 49% (No 51%). A report on the U.S. moving to reimpose sanctions after Iran strikes coincided with unchanged pricing in the GOP 2028 nominee market. The contract resolves on 2028-11-07, and

The post Middle East tensions lift oil as Polymarket sees 82.5% odds Fed holds in July appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 07, 2026 22:34 U.S. Central Command said Tuesday evening the U.S. launched powerful strikes on Iran after attacks on three commercial vessels in the Strait of Hormuz, helping lift WTI crude more than 2% above $72. Middle East tensions lift oil as Polymarket sees 82.5% odds Fed holds in July July 2026 Fed Rate Decision: Polymarket “No Change” Jumps to 82.5% as Oil Rallies and FOMC Minutes Loom U.S. stock-index futures were near flat as investors weighed rising Middle East tensions, higher oil prices and the upcoming release of Federal Reserve meeting minutes. On Polymarket, traders pushed up the leading outcome in the “Fed Decision in July?” ladder, pricing “No change” at 82.5%. Key Takeaways Polymarket prices “No change” after the July 2026 Fed meeting at 82.5% (Yes) versus 17.5% (No). The repricing followed a session marked by h

Rising tensions from Iran's accusation against the US could hinder nuclear deal prospects, exacerbating regional instability and market uncertainty. The post Iran accuses US of breaching MOU amid regional power outages appeared first on Crypto Briefing.