Oil prices drop as US clarifies tanker escort claim
Oil prices dropped to around $80 as the US clarified a claim about escorting an oil tanker through the Strait of Hormuz, following President Trump's comments on the limited nature of the Iran war.
US Energy Secretary Chris Wright announced US Navy's successful passage of an oil tanker through the Strait of Hormuz, but deleted the post after 30 minutes without explanation.
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.