US strikes over 80 Iranian targets as Strait of Hormuz crisis rattles oil and crypto markets

The ongoing military conflict heightens geopolitical tensions, impacting global markets and intensifying volatility in risk assets like crypto. The post US-Israel strikes hit military sites in Iran’s Bushehr province as crypto markets brace for impact appeared first on Crypto Briefing.

The post Oil: Gradual downside with security premium – OCBC appeared on BitcoinEthereumNews.com. OCBC Bank’s Sim Moh Siong and Christopher Wong highlight that Oil and tech-led equity weakness have driven a stronger US Dollar, higher global yields and softer Gold. They expect Oil prices to decline only gradually, maintaining Brent forecasts at USD75/bbl by end-2026 and USD71/bbl by mid-2027, as a persistent security premium and US-Iran tensions keep inflation and terms-of-trade risks elevated. Brent path shaped by security risks “Oil prices and tech-led equity weakness dominated overnight trading. Higher crude prices pushed global bond yields and the USD higher, while gold retreated. Oil rallied amid renewed concerns over US-Iran tensions after Washington revoked its waiver for Iranian oil sales following attacks on three vessels in the Strait of Hormuz.” “Our view remains that the next leg lower in oil prices will be more gradual than the sharp correction seen in 2Q26. We maintain our

The post USD/JPY Price Forecast: Dollar remains capped below 162.40 resistance area appeared on BitcoinEthereumNews.com. The US Dollar (USD) appreciates against the Japanese Yen (JPY) for the fourth consecutive day on Wednesday, fuelled by the resumption of hostilities in the Middle East and dovish comments from Bank of Japan (BoJ) officials. The Greenback, however, is struggling to break last week’s highs at 162.40 so far. A new round of US strikes on Iran, in retaliation for alleged attacks from Tehran on vessels closing Hormuz earlier this week, hurt risk appetite on Wednesday. and provided some support to the safe-haven US Dollar, The Yen, however, is suffering from weakness of its own, as BoJ monetary committee member Toichiro Asada, the dovish dissenter at June’s monetary policy meeting, said that he needs to see signs of demand-driven inflation before supporting interest rate hikes, Technical Analysis: 162.40 is the last barrier before 40-year highs USD/JPY trades at 162.26, mai

The procession may strengthen Iran-Iraq ties, affecting regional power dynamics and reducing the perceived likelihood of Iran's regime collapse. The post Khamenei funeral procession crosses into Iraq amid 2026 Iran war tensions appeared first on Crypto Briefing.

The escalation in the Strait of Hormuz could lead to increased military tensions and potential airspace closures, affecting global trade routes. The post IRGC Navy member killed by drones as Iran escalates conflict in Strait of Hormuz appeared first on Crypto Briefing.

The post Citadel: AI-merican exceptionalism appeared on BitcoinEthereumNews.com. AI displacement is the obvious fear, but Frank Flight at Citadel argues the more powerful US story may be formation, not destruction. America’s edge is its ability to turn new tools into new businesses before the rest of the world has finished debating the risks. The small-business sector is the key transmission channel. If AI lowers the minimum efficient scale, founders can do more with less, pool capabilities across roles, and make expansion decisions that previously did not clear the economic hurdle. The labour story is less fixed-pie than the bear case suggests. Leaner start-ups may need fewer people per company, but if AI also triggers more business formation, the volume effect can offset lower labour intensity. The real AI dividend may be diffusion. When AI-exposed roles start showing up outside their traditional home industries and in regions with lower prior exposure, it suggests the technology is

The post Gold: Central bank demand underpins prices – ING appeared on BitcoinEthereumNews.com. ING strategists Warren Patterson and Ewa Manthey report that Gold has edged lower after an early advance as traders await the June Federal Open Market Committee (FOMC) minutes, but the metal trades in line with evolving US rate expectations and remains supported above $4,000/oz. Ongoing Strait of Hormuz security concerns and persistent official‑sector buying, led by China, underpin the outlook. Fed path and China buying in focus “Gold edged lower in Tuesday’s afternoon trading after an early advance as investors looked ahead to the release of the June Federal Open Market Committee minutes later this week for further clues on the Federal Reserve’s policy path. The metal continues to trade largely in line with shifting US rate expectations. Last week’s weaker-than-expected jobs data reduced expectations of additional tightening and helped gold stabilise back above the $4,000/oz level.” “Meanwhi

The advancing Russian presence in the Arctic could reshape geopolitical alliances and heighten US strategic interests in the region. The post Canada warns of advancing Russian threat in Arctic appeared first on Crypto Briefing.