The post Oil: Geopolitical risk lifts prices – ING appeared on BitcoinEthereumNews.com.
ING analysts Warren Patterson and Ewa Manthey note that Brent has jumped above $76/bbl as renewed tensions in the Persian Gulf and US strikes on Iran revive supply concerns. The United States (US) has revoked a temporary licence for Iranian oil sales, while tight US inventories and damage to Russian refineries are supporting product cracks and middle‑distillate markets. Brent rallies on renewed Gulf tensions “Oil prices spiked following Iranian attacks on three ships in the Strait of Hormuz, including an LNG carrier and an oil tanker. ICE Brent settled a little more than 3% higher yesterday, and in early trading this morning it’s up another 2.8%, leaving it trading above $76/bbl. The curve structure also strengthened, with the front end returning to backwardation after recently flipping into contango amid the ramp-up of Persian Gulf supply.” “In addition to military strikes, the US revoked a tempora
Escalating tensions over the Strait of Hormuz could heighten the risk of military conflict, impacting global oil markets and regional stability.
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The post Oil: Limited war risk keeps Brent capped – DBS appeared on BitcoinEthereumNews.com.
DBS Group Research’s Philip Wee notes that recent Iranian strikes on shipping in the Strait of Hormuz pushed Brent crude from $72 to $76 per barrel and lifted US Treasury 2Y yields, but markets still see no return to full-scale war. With Brent below $80 and far from $120, he argues oil-driven inflation and policy risks remain contained for now. Brent reacts to Hormuz tensions “Iran launched fresh strikes against commercial shipping vessels in the Strait of Hormuz, prompting the US Treasury Department to revoke licenses allowing Iran to sell oil globally.” “Brent crude surged from $72 to $76 per barrel on Tuesday, sending the US Treasury 2Y yield higher to 4.185% from 4.12%. With Brent still below $80, the 2Y yield was capped at June’s high of 4.234%.” “For now, the market is keeping to the playbook that Tehran and Washington are still in a high-stakes game to gain leverage during the temporary
The post ‘Yen, Gold, Oil, XRP’: Michael Gayed Names His Top Assets to Weather the Global Margin Call appeared on BitcoinEthereumNews.com.
A tectonic shift is brewing in global markets, and Tokyo could become its catalyst, according to well-known portfolio manager and The Lead-Lag Report founder Michael Gayed, CFA, who has once again reminded investors of the inevitability of a liquidity crisis. In this context, the expert again tied together the yen, gold, oil, XRP, and Treasuries, saying the system is close to the point where regulators will have to “crash stocks to save bonds”. They will crash stocks to save bonds. And Japan is the mother fucking catalyst. The reverse carry trade. Watch this. Yen, Gold, Oil, XRP, and Treasuries. Like and repost if you understand this. Because if you don’t, your hamster will. Goodnight. pic.twitter.com/CUHPxc4j2s — Michael A. Gayed, CFA (@leadlagreport) July 8, 2026 At the center of Gayed’s model is a currency crisis in Asia, the risks of which he ha
The post Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished” appeared on BitcoinEthereumNews.com.
Silver price (XAG/USD) extends its losses for the third consecutive day, trading around $58.30 per troy ounce during the European hours on Wednesday. The non-yielding white metal struggled as renewed Middle East escalations threatened the interim United States (US)-Iran peace deal. The conflict drove oil prices higher, stoking fresh inflation fears and raising the prospect of higher interest rates, which further weighed on the non-interest-bearing asset. The tentative ceasefire between the US and Iran has officially collapsed after US President Donald Trump declared the truce finished during the annual NATO summit in Ankara. Sitting alongside NATO Secretary General Mark Rutte, Trump stated that he considers the agreement over, calling it “just a waste of time” and raising the immediate prospect of renewed military conflict between the two nations. The
The post Donald Trump Declares the Iran MoU “Is Over”: Bitcoin Plunges and Oil Soars appeared on BitcoinEthereumNews.com.
Middle East de-escalation now looks severely threatened. US President Donald Trump declared the memorandum of understanding with Iran “is over,” sending Bitcoin below $62,000 and oil sharply higher within minutes. Here is what Trump said, how markets reacted, and why Bitcoin moved in the opposite direction to oil. $BTC dropped below $62,000 after Trump said the US-Iran MOU is over. If Bitcoin closes a daily candle below $62,000 here, a sweep of $60,000 could happen soon. pic.twitter.com/d86rO2wZnn — Ted (@TedPillows) July 8, 2026 What Trump’s Iran MoU Statement Actually Means A memorandum of understanding, or MoU, is a formal but non-binding agreement outlining shared intentions between two parties before a permanent deal. Trump declared the Iran MoU “is over” after both sides failed to reach a lasting agreement, according to CNN. The collapse followed a fresh wave
Rising geopolitical tensions in the Middle East could lead to sustained volatility in global markets, impacting oil supply and investor confidence.
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The post Crypto Market Today: BTC, ETH Tumble After Trump Says Iran Ceasefire Is Over appeared on BitcoinEthereumNews.com.
The post Crypto Market Today: BTC, ETH Tumble After Trump Says Iran Ceasefire Is Over appeared first on Coinpedia Fintech News Crypto market today turned sharply lower within minutes as panic selling swept through digital assets following a major geopolitical escalation. Bitcoin price and Ethereum price each dropped nearly 2%, while the broader crypto market erased billions in value after U.S. President Donald Trump declared the Iran ceasefire was “over.” The unexpected remarks reignited fears of … Source: https://coinpedia.org/price-analysis/crypto-market-today-btc-eth-tumble-after-trump-says-iran-ceasefire-is-over/
The post WTI surges above $74 as Trump confirms MoU with Iran is over appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI), futures on NYMEX, soars 3.2% to near $74.30 during the European trading session on Wednesday, the highest level seen in two weeks. The oil price surges as the confirmation from United States (US) President Donald Trump that the memorandum of understanding (MoU) with Iran, which aimed at ending the war in the Middle East, is over, has revived risks of global energy supply disruption. Speaking at the NATO summit in Ankara, Türkiye, US President Trump said, I think the MoU with Iran is over.” Trump added, “We attacked very powerfully last night, the very dangerous people from Iran. They’re sick; there’s something wrong with them,” Moneycontrol reported. Last night, the US Central Command confirmed attacking Iran’s military infrastructure in response to Tehran striking commercial ships transiting through the Strait of Hormuz, a vital passage to almost on