Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets
Brent crude plunged 7% after the U.S. and Iran paused Strait of Hormuz strikes, lifting equities and DeFi tokens while bitcoin held near $65,000 ahead of a pivo
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Brent crude plunged 7% after the U.S. and Iran paused Strait of Hormuz strikes, lifting equities and DeFi tokens while bitcoin held near $65,000 ahead of a pivo
Oil prices tumbled Monday as the United States and Iran paused their escalating strikes to make “space” for diplomacy.
Brent lower after two weeks of escalating violence had pushed crude to more than $100 a barrel
Conflicts in Europe and Asia are overlapping and two rival blocs may be forming
Developing Asian nations, scarred by Middle East supply shocks, are working to scale back their reliance on imported fuels, including liquefied natural gas.
No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.
The Consumer Council for Northern Ireland says the price rise is in direct response to the US-Iran conflict.
The US says attacks on Iran have been halted to give "talks some space", raising hopes of a resolution to the conflict.
West Texas Intermediate and Brent crude’s front-month contracts fell on Monday after the U.S. paused launching attacks at Iran.

FTSE 100 today: Stocks extends gains as U.S.-Iran truce holds, oil slumps
A temporary pause to the U.S.-Iran conflict appeared to hold on Monday, after negotiations over a lasting peace faced fresh hurdles over the weekend.
The benchmark US stock measures were pointing higher before the opening bell Monday after the US and
Wall Street stocks are predicted to open sharply higher on Monday as a pause in US and Iranian attacks sent oil prices tumbling ahead of a massive week for mark
Dow futures climbed more than 500 points Monday as Brent crude slid toward $85 a barrel ahead of a Fed rate decision Wednesday
Foreign ministry urges EU to intervene to prevent Middle East conflict spreading beyond the region
Beijing’s Belt and Road Initiative takes advantage of rise in appetite for renewables as Middle East conflict drags on
Neither side launches attacks for second consecutive night as mediators seek to avert return to full-blown war
The Iran war isn’t causing your energy bill to soar. Blame Wall Street for that.
Chocolate firms look to win shoppers back with premium products and social media trends after poor weather conditions, tariffs, and the Iran war hit sales.
The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict.