Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries

Watch Live: Hegseth Declares 'Victory' As Fragile Iran Ceasefire Hailed Internationally War Secretary Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, are expected to give their first post-ceasefire announcement briefing on Iran at 8am Eastern time. Watch Live: Iran sees this as Victory The United States and Iran have announced a two-week suspension of all attacks, and Tehran reportedly agreed to allow safe transit of vessels through the Strait of Hormuz. It all started with President Trump seizing on the last-minute olive branch plan offered by Pakistan's prime...

Goldman Sachs To Use Options Strategy For Planned Bitcoin Income ETF Authored by Nate Kostar via CoinTelegraph.com, Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitcoin exchange-traded products (ETPs) and related options, rather than holding Bitcoin directly. The fund would generate yield by selling...

Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months" Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a "slower, more consequential story": fertilizers. "A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now," Prokopenko wrote on X, adding, "Putin's gains...