Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Oil prices surge above $100 as Trump warns Iran amid stalled ceasefire talks and Bitcoin dips below $77K.

Market News
17 May 2026
Bitcoin
View Source
Bearish
pluang ai news

Oil prices remain elevated above $100 per barrel following President Trump's stern warning to Iran that time is running out amid stalled U.S.-Iran ceasefire negotiations. The conflict, which began in February 2026, has disrupted oil flow through the strategic Strait of Hormuz, tightening global supply and pushing energy costs higher. Trump plans to convene the Situation Room to consider military options if Iran does not reopen the strait. Meanwhile, Bitcoin fell below $77,000, reflecting market jitters amid escalating geopolitical tensions. The situation remains fragile with no resolution in sight, keeping energy markets and cryptocurrencies volatile.

More News

Life360 launches $225M multi-year share buyback to offset stock dilution

Life360 launches $225M multi-year share buyback to offset stock dilution

Life360's Board of Directors has approved a multi-year share repurchase program worth up to $225 million to reduce dilution from stock-based compensation. The program aims to return value to shareholders and is supported by the company's strong balan...

Company Fundamentals
Bullish
3 hours ago
US-China deal commits China to buy $17B in US farm goods annually through 2028

US-China deal commits China to buy $17B in US farm goods annually through 2028

President Donald Trump secured a major deal with China, where China agreed to purchase at least $17 billion worth of US agricultural products annually until 2028. This agreement was announced after a two-day summit in China, the first by a US preside...

Market News
Bullish
3 hours ago
Trump warns Iran to act fast or face severe consequences amid stalled peace talks.

Trump warns Iran to act fast or face severe consequences amid stalled peace talks.

Former President Donald Trump issued a stern warning to Iran, urging swift action in stalled peace negotiations or face severe consequences. He rejected Iran's demand to separate nuclear talks from peace discussions, emphasizing that time is critical...

Market News
Bearish
3 hours ago
Tech momentum ETF PTF surges 58% YTD on AI hardware boom amid record data center buildout

Tech momentum ETF PTF surges 58% YTD on AI hardware boom amid record data center buildout

The Invesco Dorsey Wright Technology Momentum ETF (PTF) has gained about 58% year to date in 2026, driven by its mechanical momentum strategy that currently favors AI hardware stocks amid the largest corporate data center expansion. PTF uses a rules-...

Market News
Bullish
4 hours ago
PEPE and SHIB memecoin holders grow steadily as prices approach key breakout retests.

PEPE and SHIB memecoin holders grow steadily as prices approach key breakout retests.

The number of holders for memecoins PEPE and Shiba Inu (SHIB) has been steadily increasing, with PEPE adding over 1,500 wallets in two weeks and SHIB holders rising slightly. Whales hold a large majority of the supply for both coins, indicating conce...

Technical Signals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App