The Fundstrat co-founder stated macro inflation fears are overshadowing Ethereum’s longer-term tokenization narrative. Fundstrat co-founder Tom Lee stated rising oil costs have change into Ethereum’s “biggest headwind” within the close to time period as WTI crude emerged above $106 per barrel. The feedback got here amid escalating geopolitical tensions and provide issues over the Strait…
Oil/Chemical Tanker “Bald Man” on the Port of Fujairah, because the US-Israel battle with Iran limits marine site visitors within the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Oil costs fell Thursday in risky buying and selling as traders proceed to evaluate the newest developments within the…
Alexander Manzyuk | Reuters Brent crude hit a 4-year excessive Thursday following a report that the US military would brief President Donald Trump on potential action against Iran, elevating considerations that armed battle may resume, and constructing on the American blockade of Iranian exports. Axios reported that the US Central Command was set to current…
Gasoline prices are displayed outdoors a Shell fuel station in West Hollywood, California on April 14. Prices differ across the nation, and are highest on the west coast; the nationwide common has risen by greater than $1 per gallon for the reason that begin of the Iranian War, however is predicted to drop if a…
Key Points The close to month and second month US crude oil contracts traded on the largest unfold in historical past courting again to 1984. Oil costs have emerged after President Donald Trump vowed to proceed bombing Iran for weeks. The nearest US crude oil supply contract traded Thursday on the largest premium in historical…
