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Commodities

Bitcoin Slides to $66,000 as U.S.-Israel–Iran Conflict Triggers Global Risk-Off Wave

Bitcoin slipped toward the $66,000 level in Asian trading on Monday, pressured by a broad risk-off move across global markets after an escalating military confrontation between the U.S., Israel and Iran rattled investor sentiment. The world’s largest cryptocurrency was last down 2.1% at $66,197.6 by 06:15 GMT, after seeing sharp …

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Dollar Jumps to Five-Week High as Middle East Conflict Sparks Global Flight to Safety

The U.S. dollar surged on Monday, climbing to a five-week high as investors rushed into safe-haven assets following U.S. and Israeli military strikes on Iran, which sharply escalated geopolitical tensions in the Middle East. By 04:45 ET (09:45 GMT), the Dollar Index — which measures the greenback against a basket …

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Weekly Recap: Week Concluding with Middle East Dramatic Escalation

In a week that witnessed a historic shift in the geopolitical balance, condcluding with the commencement of joint US-Israeli strikes on Iran on Saturday and the growing threats to close the Strait of Hormuz—the transit point for 20% of global oil trade—financial markets reflected a landscape of sharp volatility. The …

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Oil Jumps as Iran Nuclear Talks Stall, Reviving Fears of Middle East Supply Disruptions

Oil prices climbed sharply on Friday after negotiations between the United States and Iran over Tehran’s nuclear program ended without a breakthrough, reigniting concerns that tensions could escalate into military action and disrupt crude supplies from the Middle East. By 07:50 ET (12:50 GMT), Brent crude futures for April delivery …

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Bitcoin Slips Again as Risk Aversion Bites, Crypto Heads for Fifth Straight Month of Losses

Bitcoin fell on Friday, halting a brief rebound from midweek lows as fragile risk appetite continued to weigh on speculative assets. The world’s largest cryptocurrency is now on course for its fifth consecutive month of steep declines, underscoring the depth of the downturn gripping the crypto market. Bitcoin slipped nearly …

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