Crude spikes above $100 as oil tankers burn in Gulf

Indiana Governor Signs Bill Allowing Crypto In Retirement Plans Authored by Stephen Katte via Cointelegraph, Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.  Governor Mike Braun signed House Bill 1042 into law on Tuesday, after it passed the legislature last Thursday. The legislation requires Indiana’s state public retirement and savings plans to offer self-brokerage accounts with at least one crypto investment option by July 2027. According to the bill’s description, this requirement applies...

Iran escalation, fragile debt markets, and gold flashing warning signs. Mark Thornton explains why this bubble won’t end gently.

Hungary To Halt Gas Deliveries To Ukraine Over Its Energy 'Blackmail': Orban Hungary is moving to choke off gas flows to Ukraine, escalating an energy standoff after Kiev halted Russian oil transit via the Druzhba pipeline. Prime Minister Viktor Orban in a fresh social media video address reiterated that Ukraine has blocked the Soviet-era route for a month, and he newly warned: "As long as Ukraine does not provide oil, it will not receive gas from Hungary," according to a translation. via Reuters Orban added that diverted supplies will be stockpiled domestically, filling...