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The post Oil: Supply surge weighs on prices – DBS appeared on BitcoinEthereumNews.com. DBS Group Research’s Philip Wee notes that Brent and WTI have fallen sharply, as markets anticipate abundant supply from the Gulf. US Treasury Secretary Scott Bessent expects Oil prices to fall below pre-conflict levels, while ongoing negotiations with Iran and the status of the Strait of Hormuz remain key uncertainties for energy markets. Brent and WTI extend declines “Crude oil prices continued to decline, falling farther below USD 100 per barrel.” “US Treasury Secretary Scott Bessent expects oil prices to be lower than pre-conflict levels.” “The oil market will be very well supplied, with almost 2,000 ships waiting to come out of the Gulf.” “Even if headline energy prices cool, the secondary damage to global logistics from the months-long closure of Hormuz has started to filter into intermediate goods.” (This article was created with the help of an Artificial Intelligence tool and reviewed by an e
Read full articleThe potential ceasefire extension may stabilize geopolitical tensions, potentially leading to sustained lower oil prices and market adjustments. The post Oil prices drop as US-Iran ceasefire extension talks progress appeared first on Crypto Briefing.
The lifting of the blockade may stabilize global oil markets, but Iran's Bitcoin use could prompt regulatory scrutiny on cryptocurrencies. The post Trump says US lifting naval blockade as ships may start heading home appeared first on Crypto Briefing.
The unconfirmed claims could impact geopolitical stability and market dynamics, but uncertainty remains high without official verification. The post Trump claims Iran agrees to nuclear disarmament, Hormuz reopening unconfirmed appeared first on Crypto Briefing.
Increased military focus may hinder diplomatic efforts, heightening geopolitical tensions and impacting global markets and nuclear negotiations. The post Trump hints at military options on Iran amid nuclear tensions appeared first on Crypto Briefing.
The lifting of the US naval blockade on Iran could ease geopolitical tensions and potentially stabilize global oil supply routes. The post Trump announces US to lift naval blockade on Iran appeared first on Crypto Briefing.
Ending the Hormuz blockade could ease global oil flow, reduce military tensions, and signal a shift towards diplomatic solutions with Iran. The post Trump suggests ending Hormuz blockade amid Iran tensions appeared first on Crypto Briefing.
Iran's strategic use of the Strait of Hormuz could reshape global shipping economics, impacting energy markets and digital assets. The post Iran positions Strait of Hormuz as leverage in US talks, says official appeared first on Crypto Briefing.
A potential US-Iran deal could reshape global oil markets, impact crypto sanctions, and influence geopolitical stability, pending Trump's approval. The post US negotiators near preliminary deal with Iran, awaiting Trump approval appeared first on Crypto Briefing.
