US Treasury revokes Iran waiver, impacting nuclear deal talks

The post Gold Price Outlook For July 2026 appeared on BitcoinEthereumNews.com. Gold trades near $4,140 on Tuesday, down 26% from January’s record high of $5,598 per ounce. This gold price prediction for July 2026 examines why the metal keeps falling and where it could bottom. Five fundamental forces continue to weigh on the metal. Meanwhile, the weekly and daily charts point to deeper downside targets. Why is Gold Going Down? Gold’s decline started with the Strait of Hormuz. Iran has blocked the waterway since late February, driving up energy prices worldwide. As a result, US inflation reached 4.2% in June, its highest level in three years. That inflation spike flipped the Federal Reserve narrative. Markets no longer expect rate cuts and now lean the other way. According to CME FedWatch data, traders are pricing a 47.1% chance of a 25-basis-point hike in September. Another 11.1% expect a 50-basis-point move, so tightening odds total roughly 58%. Higher rates hurt gold because the metal

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.

This move may ease Middle East tensions and influence nuclear talks, but broader sanctions relief depends on further diplomatic progress. The post US Treasury revises Iran sanctions, allows crude oil sales and dollar transactions 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 Silver falls below $61 as markets await FOMC minutes appeared on BitcoinEthereumNews.com. Silver (XAG/USD) extends its decline for a second consecutive day on Tuesday, trading around $60.70 at the time of writing, down 2.21% on the day. The precious metal is giving back part of last week’s gains as investors adopt a cautious stance ahead of the release of the Federal Reserve (Fed) meeting minutes. Higher US Treasury yields continue to reduce the appeal of non-yielding assets, while the US Dollar (USD) remains broadly supported by expectations that the Fed will maintain a restrictive monetary policy. According to the CME FedWatch tool, markets largely expect the Fed to leave interest rates unchanged at its upcoming meeting, and expectations for a rate hike later this year have eased slightly following the latest US labor market data. Recent US employment indicators continue to point to a gradual slowdown in the labor market. Job growth has recently fallen short of expectations,