Oil prices climbed sharply on Monday after Israel ordered its troops to advance further into Lebanon, escalating tensions with the Iran-backed Hezbollah group. This move threatens the fragile ceasefire brokered by the U.S. between Washington and Tehran, despite a ceasefire declared in April. Brent crude rose 2.45% to $93.35 per barrel, and West Texas Intermediate gained 2.8% to $89.78. Goldman Sachs highlighted risks to its oil price forecasts, noting that while supply disruptions in the Middle East could push prices higher, weakening demand from China and Europe could offset gains, posing downside risks to the market.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
