OPEC+ to boost oil supply by 188,000 barrels per day in August

OPEC+'s strategy could lower energy costs, impacting crypto mining margins and influencing central bank rate decisions amid geopolitical tensions. The post OPEC+ approves cumulative production increase of 940,000 barrels per day as oil strategy shifts appeared first on Crypto Briefing.

OPEC+'s output increase amid falling prices could ease inflation, potentially leading to lower interest rates and boosting risk assets like crypto. The post OPEC+ raises crude output despite falling prices, and crypto markets are paying attention appeared first on Crypto Briefing.

OPEC+'s modest production increase highlights geopolitical tensions' impact on oil markets, underscoring the need for conflict resolution. The post OPEC+ agrees to modest oil production increase that probably won’t matter much appeared first on Crypto Briefing.

OPEC+'s quota increase may stabilize oil prices, reducing the risk of historic highs, while geopolitical shifts influence market dynamics. The post OPEC+ to increase oil production quotas amid Middle East stabilization appeared first on Crypto Briefing.

The disruption highlights vulnerabilities in global oil supply chains, potentially reshaping energy strategies and market dynamics worldwide. The post Strait of Hormuz oil supply disrupted, market prices in surplus appeared first on Crypto Briefing.

Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.

Progress in US-Iran talks may stabilize oil supply, reducing geopolitical risks and potentially preventing crude prices from reaching new highs. The post Brent crude drops below $71 amid US-Iran peace talks progress appeared first on Crypto Briefing.

The blockade's impact on global oil supply highlights the strategic significance of the Strait of Hormuz in geopolitical negotiations. The post US sees Strait of Hormuz blockade cutting Iran’s oil leverage appeared first on Crypto Briefing.