Futures Rise As Tech Rebound Extends While Oil Drops

Another Tanker Struck & Damaged By Iran In Strait Of Hormuz Update(1233ET): On Friday there are reports of another foreign tanker which has been struck and damaged in the Strait of Hormuz. Several similar drone attacks have occurred this week, and over the last few days - however unlike with prior attacks these latest are not being heavily featured in the media, and have also made surprising little impact on oil prices. New UKMTO alert: Another tanker struck and damaged. 6th alert in last couple of days pic.twitter.com/CTMHttKNET — Chris Shipping 🚢🚢 (@christankerfund)...

LNG Tanker Off Yemen Attacked By Small Boat Fire It begins in waters off Yemen now? This has been a big fear for global energy prices amid the seven-month long Iran war and Hormuz Strait crisis. The Houthis have while fighting a war with Riyadh and its coalition in Yemen so far declared that international shipping remains safe, but that only Saudi and Israeli-linked vessels will be targeted. But on Friday a liquefied natural gas tanker 140 nautical miles southeast of the Yemeni city of Al Mukalla has come under attack. The emerging circumstances...

Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders. “When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE. This morning, bitcoin has extended those gains, tagging $72,000... And Ethereum...