
Dallas Fed: Extended Hormuz closure could push oil prices to $167
A prolonged closure of the Strait of Hormuz due to the war with Iran could push overall US inflation above 4% by year-end,

A prolonged closure of the Strait of Hormuz due to the war with Iran could push overall US inflation above 4% by year-end,

The crypto market is going through tough times.

The White House is proposing to cut more than 9,400 employees and just over $1.5 billion from the Transportation Security Administration's budget,

Bitcoin rose above $69,000 on Monday after reports that Iran and the US had agreed to a ceasefire plan that could open the Strait of Hormuz as early as Monday, boosting risk appetite.

Oil prices rose during Asian trading hours on Monday, extending the sharp gains from the previous trading session.

Hackers stole $280 million from the unregulated crypto exchange Drift, the largest perpetual futures exchange on the Solana blockchain.

The global energy market is facing a structural crisis as the conflict in the Middle East effectively shuts down one of the world's most important maritime arteries.

Global financial markets are at a dangerous crossroads as a protracted energy shock from the Middle East begins to outweigh inflation concerns, according to BCA Research's quarterly forecast.

The spot price of Brent crude oil has soared to $141.36 per barrel, its highest level since the 2008 global financial crisis, CNBC reports.

Donald Trump stated that the United States could unblock the Strait of Hormuz if given "a little more time."