The International Energy Agency (IEA) has lowered its 2026 global oil supply forecast by 6%, expecting a decline of 5.7 million barrels per day compared to 2025, due to ongoing conflict in Iran delaying Middle East oil flows. It also revised down global oil demand for 2023, now predicting a drop of 2.5 million barrels per day, worsened by geopolitical tensions including attacks near the Strait of Hormuz and the Yemen conflict. The IEA warns that shrinking inventories and strained refining capacity could tighten markets further, emphasizing the need for diplomatic progress to avoid worsening supply constraints and demand destruction. Oil prices remain volatile, with benchmarks near $100 per barrel amid these tensions.
US federal prosecutors argue that a recent appeals court decision upholding the conviction of Bitcoin Fog founder Roman Sterlingov supports their case that Roman Storm's Tornado Cash trial was properly held in Manhattan. The prosecutors claim that tr...
Sberbank has been officially approved by the Bank of Russia to operate as a digital depository, enabling it to provide custody and related services for digital currencies like Bitcoin, Ether, and Tether. This approval places Sberbank among the first ...
Nvidia's stock has surged significantly during the AI boom, with a $1,000 investment in early 2023 growing to $16,765 by late 2026. The company remains confident, expanding its $150 billion share buyback program and benefiting from strong demand for ...
Arbitrum's governance token ARB traded near $0.19 on October 7, showing a decline of over 7% in 24 hours and approaching a critical technical support level at $0.18. Market data varied slightly across different exchanges and futures contracts, with n...
Quant (QNT) experienced a sharp price decline of 4.21% within one hour, falling from $256 to $245 as of early October 7. Over the past 24 hours, QNT's price decreased by 3.34%, with its market capitalization standing at approximately $3.68 billion, r...
