US oil price jumps over 2% after reported strikes on Iranβs Kharg island.
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πΊπΈ JD Vance says the U.S. feels confident they can get a response from Iran by tonightβs 8 PM deadline.
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Stanley Druckenmiller expects global payment systems to run largely on stablecoins within 15 years, calling them more efficient, faster and cheaper than current infrastructure
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US Government Expects Middle East Oil Production to Drop by 9,000,000 Barrels Per Day This Month.
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$2 trillion Morgan Stanley no longer expects the Strait of Hormuz to reopen this month.
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πΊπΈ Trump says the US will help manage traffic through the Strait of Hormuz, calling it a "big day for World Peace" and predicting a "Golden Age of the Middle East."
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$6.1 trillion UBS and 5 major Switzerland banks partner to test Swiss franc crypto stablecoin.
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πΆπ¦ Qatar says Iran should pay for the damage from its attacks
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πΊπΈ Trader Fernandoinfante spent $13.2K betting on a USβIran ceasefire by April 7 and is now up $463K β a 35x return.
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The US has spent over $42 billion on its military operation in Iran.
The spending rate is $11,500 per second.
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President Trump says any country supplying military weapons to Iran will face an immediate 50% tariff.
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Saudi Arabiaβs vital East-West oil pipeline, which carries crude from the Gulf to the Red Sea for export, has been attacked
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Iran demands Bitcoin payment for tanker transit through Strait of Hormuz
Iran wants to charge $1 in Bitcoin for every barrel of oil passing through the Strait of Hormuz, according to the Financial Times. The country aims to collect transit fees in cryptocurrency.
Meanwhile, oil prices have fallen below $90 per barrel.
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Meta stock, $META, rises over 8% after the company announced its first AI model from its βprizedβ superintelligence group.
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π΅π± National Bank of Poland increased its gold reserves by 11 tonnes in March.
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π·πΊ Russia offers sanctioned LNG to South Asia at a 40% discount.
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π«π· France says charging tolls to cross the Strait of Hormuz violates freedom of navigation.
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π―π΅ Japan considers release of about 20 days worth of oil reserves.
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π¨ Traders placed $950,000,000 in bets on oil prices falling just hours before President Trump announced ceasefire with Iran.
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US oil price jumps 5% on Middle East ceasefire concerns.
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#macro USA - Initial Jobless Claims = 219k (exp 210k / prev 202k)
USA - Continuing Jobless Claims = 1.794M (exp 1.840M / prev 1.841M)
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