Oil

Treasury Secretary Scott Bessent publicly defended plans on Friday to grant permanent dollar swap lines to Gulf and Asian allies. He framed the expansion as a counterweight to alternative payment systems eroding the dollar’s …

Iran’s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset, according to Sam Lyman, head of research at digital …

Bitcoin BTC$68,370.59 slipped below $69,000 on Thursday as a broader pullback in risk assets gathered pace, with early optimism around Iran-U.S. peace and easing Middle East tensions fading. The largest crypto lost more than …

Oil prices slipped as major economies announced joint efforts to stabilize energy markets.

Tom Lee says Bitcoin’s rally during an oil surge tied to Middle East tensions shows the asset passed a key stress test. Fundstrat’s Tom Lee has said that Bitcoin passed a major test after …

In brief Bitcoin is trading near $69,240 following an IEA proposal to release over 182 million barrels of oil to rein in prices. Surging oil prices elevate inflation concerns, potentially leading to higher interest …