Markets
US seizes bank accounts of payments group linked to Tether
Prosecutors allege Capstone illegally moved hundreds of millions of dollars for the crypto companies at the direction of a Caribbean bank
Denarius Prime
Energy
VLCC Rates Hit Record $1.27 Million a Day
Capacity for ship-to-ship transfers of crude oil off the coast of Oman has reached its limits after Saudi Arabia diverted its flows from the port of Yanbu amid Houthi attacks, Reuters has reported, citing unnamed trading sources and analysts. The report said Saudi Arabia has sold some 60 million bar
macro
Ukraine Hits Russia’s Perm Oil Refinery, Among the Largest in the Country
Russia’s Perm oil refinery, one of the largest in the country, is on fire this morning following a Ukrainian drone attack.
Crypto
Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
Geopolitics
Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever - EnergyNow
Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever - EnergyNow
Markets
Shanghai Gold Exchange pushes more Chinese banks to end retail leverage trading - scmp.com
Shanghai Gold Exchange pushes more Chinese banks to end retail leverage trading - scmp.com
Energy
Hormuz Tanker Transits Crash to Single Digits as Crisis Deepens
Only nine commodity carriers passed through the Strait of Hormuz on Thursday, eight of them exiting the waterway, Reuters reported in its now regular update on tanker numbers in the strait. The Thursday total is a further decline on already depressed numbers that have now gone from double to single
Geopolitics
BRICS Has Grown, Its Contradictions Have Grown Faster – OpEd - Eurasia Review
BRICS Has Grown, Its Contradictions Have Grown Faster – OpEd - Eurasia Review
macro
The Duma Landslide for Putin
COMMENT: Well, Socrates does it again. It was a landslide in Russia for the pro-war camp, as you said; Zelensky was trying to achieve this result in hopes of bringing on World War III. You also said that if the dollar closes above 3.09 against Israel’s currency, that war can lead to a full-blown Mid
Energy
Oil prices jump after Yemen’s Houthis claim attacks on Saudi facilities - Al Jazeera
Oil prices jump after Yemen’s Houthis claim attacks on Saudi facilities - Al Jazeera
Markets
Iran offers US new ‘7-day’ ceasefire proposal
Foreign minister says plan could see Strait of Hormuz reopen within a week
Crypto
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs.