June 14, 2025

Following the U.S. and EU lifting sanctions in May, Binance has resumed full service for Syrian residents. Now, users in Syria can access over 300 crypto assets—like Bitcoin, Ethereum, XRP—alongside spot, futures, P2P trading, and Binance Pay using the Syrian pound. This move significantly enhances financial inclusion amidst economic reconstruction efforts Source: reuters.com

Increased geopolitical stress has knocked crypto prices lower. Bitcoin, Ethereum, and other tokens saw considerable declines, with over $1.14 billion in long crypto positions liquidated in the past 24 hours  Source: cryptoslate.com

Gulf financial markets, including Dubai and Abu Dhabi, experienced significant drops as investors reacted to the strikes. Dubai’s index plunged over 5%, and bond markets tightened on geopolitical worries while oil prices spiked over 6%   Source: reuters.com

In the wake of the Israel‑Iran strike, global investors fled to safer assets. Gulf markets declined while Brent surged 14%, gold rose sharply, and the U.S. dollar strengthened. Analysts warn complacency may overlook deeper risks . Source: reuters.com

Following Israeli airstrikes on Iran and ensuing retaliations, fears abound that Tehran may disrupt the Strait of Hormuz—a vital corridor for 20 million barrels of oil per day. Such a move could dangerously drive oil prices up to $100/barrel amid regional uncertainty   Source: reuters.com