Yonhap Infomax is a financial news and data providing company based in Korea. It is a subsidiary of Yonhap News Agency, a nation-wide news wholesale company, representing for Korea.
WTI crude oil prices surged 6.87% to $89.61 per barrel as Iran re-closed the Strait of Hormuz in response to US naval blockade, raising supply disruption concerns despite ongoing negotiation hopes.
Seoul bond market expected to weaken as Middle East war uncertainty continues with Hormuz Strait closure news. Market watches oil prices and US Treasury yields amid ceasefire negotiations.
WTI crude oil prices plunged 7.87% to $91.28 per barrel as expectations grew for a second round of US-Iran negotiations, potentially in Pakistan within two days.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.