Vance Explains How US Will Use Iran MoU To Replenish Global Oil Supply

'Crypto Spring': StanChart Sees Ethereum Outperforming As Mt. Gox Moves $739M BTC From Cold Wallets “Over the past week, we acquired 26,497 ETH,” Bitmine Immersion Technologies Chair, Tom Lee, said in a statement on Monday. “In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring.” As CoinTelegraph reports, Bitmine is the largest Ether treasury company with 5.4 million ETH worth more than $10.5 billion. It had slowed its pace of buying earlier this month after scooping up more...

"Riyadh In Difficult Position": Saudis Shutter Critical East-West Pipeline After Drone Attacks Saudi Arabia temporarily shut its 7 million-barrel-a-day East-West pipeline following multiple drone attacks, exposing a massive vulnerability in a critical export route used to bypass the Strait of Hormuz during more than six months of US-Iran conflict. The closure puts new pressure on Saudi oil exports as the pipeline designed to bypass the Hormuz chokepoint becomes a target. The Energy Ministry described the shutdown as precautionary while emergency crews secured the pipeline and assessed its safety. The oil pumping station...