WTI Crude Oil Drops From $95 to $89 as Iran and Israel Halt Fire
On Tuesday, West Texas Intermediate crude oil dropped over 5% to around $89.13 a barrel, and Brent crude slid to $93 a barrel, reversing spikes triggered by recent Middle East…
Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at Reagan Forum
The U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in Simi Valley, California.…
Trump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year
U.S. wholesale prices climbed 6% year-over-year in April 2026, the largest annual gain in more than three years, as energy costs tied to the ongoing U.S.-Israel-Iran war pushed producer inflation…
DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report
Federal investigators are examining oil futures trades totaling more than $2.6 billion. The Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are probing large bets placed before Iran-related…
Bitcoin Price Rockets Past $81,000 for the First Time Since January
Bitcoin Magazine Bitcoin Price Rockets Past $81,000 for the First Time Since January Bitcoin price broke above $81,000 during Asian trading hours and early U.S. hours today, its highest price…
UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock
The United Arab Emirates officially withdrew from OPEC and the broader OPEC+ alliance on April 28, 2026, and bitcoin fell below $76,000 within hours of the announcement. Key Takeaways: The…
Scammers Target Stranded Ships in Strait of Hormuz With Fake Bitcoin Transit Fees
Bitcoin Magazine Scammers Target Stranded Ships in Strait of Hormuz With Fake Bitcoin Transit Fees Fraudsters are targeting global shipping firms with fake payment demands in Strait of Hormuz transit…
Bitcoin Price Retakes $76,500 as Iran Tensions and Oil Volatility Drive Market Uncertainty
Bitcoin Magazine Bitcoin Price Retakes $76,500 as Iran Tensions and Oil Volatility Drive Market Uncertainty Bitcoin price traded above $76,500 today, holding onto recent gains despite rising geopolitical tension. Bitcoin…
‘No More Mr. Nice Guy’ — Trump Warns Iran to Accept Deal or Lose Every Bridge and Power Plant
President Donald Trump threatened Sunday to destroy every power plant and bridge in Iran after Iranian gunboats fired on commercial vessels in the Strait of Hormuz, pushing a fragile Pakistan-brokered…
Iran Closes Strait of Hormuz Hours After Trump Said It Would ‘Never’ Close Again
Iran’s military reasserted control over the Strait of Hormuz on April 18, 2026, directly contradicting President Donald Trump’s claims that the critical waterway was fully open and would “never” close…