Spot rates for Very Large Crude Carriers (VLCCs) transporting oil from the Middle East to Asia have surged ~40% since June 13. This spike reflects increased operating costs and a heightened risk premium, even as actual oil flow remains stable Source: reuters.com
Oil Tanker Rates Soar 40% on Risk Premium Gains Read More »
Goldman Sachs indicates Brent crude oil prices include a geopolitical “risk premium” of about $10 per barrel, currently trading between $76–$77. While the bank forecasts a decline to $60 in Q4 if no supply disruptions occur, instability in the Strait of Hormuz keeps risk elevated Source: reuters.com
Goldman Estimates $10/Barrel Premium on Brent Crude Read More »
Bitcoin has stayed resilient above $105,000 amid Middle East strife and changing macroeconomic conditions, reflecting its growing perception as a digital store of value, even as broader crypto sentiment remains cautious Source: economictimes.indiatimes.com
Bitcoin Trades Above $105K Despite Middle East Volatility Read More »
An Iranian cryptocurrency platform, Nobitex, was hit by a cyberattack allegedly carried out by the pro-Israel group “Predatory Sparrow.” The attack resulted in the destruction or theft of roughly $90 million in digital assets—occurring amid heightened geopolitical tensions Source: reuters.com
Iran’s Nobitex Exchange Loses $90M in Cyberattack Read More »
Amid escalating Middle East tensions and ahead of the Federal Reserve meeting, oil prices briefly climbed over 14% before calming under $75/barrel. Meanwhile, investors flooded safe-haven assets like U.S. Treasuries and gold, as broader markets remained mixed . Source: reuters.com
Global Markets Brace as Fed Meeting Meets Mideast Unrest Read More »