Market Whiplash: Oil Sinks to $88, Then Spikes as Iran Claims Control of Hormuz

In recent developments, the two international crude benchmarks recovered after falling hard in the early morning when President Trump reiterated that his Administration was nearing a peace agreement with Iran.…

Oil Prices Bounce as Middle East Conflict Reignites

In recent developments, markets reacted swiftly to the reactivation of the hostilities in the Middle East: oil futures for both WTI and Brent benchmarks rose as President Trump announced that…

Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI

In recent developments, the Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far. Looking…

Bitcoin rises, oil falls after Iran says Strait of Hormuz is open

In recent developments, bitcoin surged above $76,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the…

Oil futures up 7% on Hyperliquid as Trump orders Naval blockade of Hormuz

In recent developments, oil prices spiked on the Hyperliquid platform after President Donald Trump ordered a naval blockade of the Strait of Hormuz Looking closer, market participants highlight key drivers…

Oil Prices Boom After Hormuz Strait Blockade Announcement

In recent developments, the oil market was rattled by the Trump Administration’s announcement of an upcoming blockade of the Hormuz Strait, with West Texas Intermediate and Brent benchmark futures surpassing…

Hyperliquid US Oil Perps Skyrocket After JD Vance Fails to Reach Iran Nuclear…

In recent developments, oil-linked perpetual futures on Hyperliquid climbed on Sunday after U.S. Vice President JD Vance left Islamabad without a nuclear agreement with Iran, reigniting fears of renewed conflict…

Morning Minute: Iran Wants Bitcoin to Let Oil Tankers Through the Strait

In recent developments, iran may accept BTC for oil tanker passage through the Strait of Hormuz, while Morgan Stanley just helped drive a huge day for Bitcoin ETFs. Looking closer,…

Bitcoin community weighs in on reports of Iran’s crypto toll for oil ships

In recent developments, alex Thorn, an executive at crypto investment firm Galaxy, said it is monitoring onchain activity for signs of an oil tanker fee paid in BTC. Looking closer,…

Gold, silver and oil drive 65,000% jump in commodity perpetuals

In recent developments, bitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure. Looking closer,…