The US Treasury has issued a 60-day license allowing the production, delivery, and sale of Iranian oil, including imports to the US with payments in dollars, expiring on August 21. This move has slightly lifted oil prices amid cautious investor optimism about resolving the Middle East conflict. Vice President JD Vance reported significant progress in talks in Switzerland, despite Iran's claim of closing the Strait of Hormuz, which the US Central Command denies. Market experts see this as a sign that the conflict may be nearing an end, potentially easing energy price pressures and inflation concerns in the coming months.
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...
