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Bitcoin (BTC) climbed above $78,000 as traders reacted to fresh U.S.-Iran diplomacy claims, even after Tehran rejected Donald Trump’s suggestion that it wanted a quick deal. Key Points: Bitcoin recovered to an intraday high of $78,940 after falling as low as $76,367 over the previous 24 hours. Trump

Goldman Sachs says Brent could reach $120 a barrel if Middle East shipping attacks intensify, as Donald Trump hardens U.S. pressure on Iran and crude nears $100. Key Points: Goldman Sachs says Brent could rise to $120 if attacks on Middle East shipping broaden, while normalized exports could send pr

Bitcoin (BTC) fell below $76,500 on Wednesday as renewed U.S. strikes on Iran drove oil sharply higher and pushed Fed rate hike odds to 68%. Key Points: Bitcoin traded near $76,500 after Brent crude jumped past $93 a barrel on renewed U.S. strikes against Iranian targets. U.S. spot Bitcoin ETFs shed

Donald Trump said ExxonMobil and Chevron made too much money during the Iran war and should return part of their combined $26.5 billion second quarter profit to drivers. Key Points: Chevron earned $12 billion in the second quarter, up from $2.5 billion a year earlier, while ExxonMobil posted $14.5 b

President Donald Trump scrapped his 20% fee on cargo crossing the Strait of Hormuz on Tuesday, one day after unveiling it, while keeping a full blockade on Iranian shipping. Key Points: Trump replaced the 20% Hormuz transit fee with promised trade and investment deals from Gulf states. The US blocka