🚨 The United States has reported initial jobless claims at 187,000, lower than the expected 211,000 and down from the previous 209,000. Continuing jobless claims stand at 1.796 million, slightly below the anticipated 1.809 million and just above the prior figure of 1.798 million.
🌫 Global steel production in June reached 155.7 million tons, marking a 1.7% year-on-year increase, according to the World Steel Association (WSA).
⚠️🇮🇷🇬🇧 The Iranian Foreign Ministry has stated that Britain is seeking an alliance with aggressors and has turned itself into a co-conspirator in the war.
⚠️🇪🇺 The European Central Bank (ECB) may raise interest rates in September due to a surge in energy prices and increasing inflationary pressure, according to RTRS.
🛢 Brent crude oil is currently priced at $100, according to Mohber, an advisor to Iran's Supreme Leader. He stated that this price is due to disruptions in transportation rather than production issues. Mohber accused the United States of igniting a real fire at oil and gas fields in the region, a situation he claims could engulf the entire world.
🚨🛢 Houthi forces in Yemen are redeploying military equipment to regions near critical shipping routes. Experts warn that if attacks extend from tankers to the Saudi oil industry, global markets will feel the repercussions of this conflict.
🚫🛢️ Kazakhstan has reduced oil production due to the suspension of shipments through the CPC, according to the Ministry of Energy.
⚡️In the first half of the year, electricity generation by TGC-1 decreased by 11.5%, totaling 14.5 billion kWh.
🚨🇪🇺🇺🇸 The European Commission has fined Google €890 million for breaching EU digital regulations. This significant penalty is likely to spark outrage from former President Donald Trump.
🌟 A new initiative has been launched as Strategy partners with BlackRock, Coinbase, Galaxy, Anchorage, ARK Invest, Blockstream, Block, and Digital Asset to form the Bitcoin Security Consortium. This consortium aims to fund support for Bitcoin developers and research focused on enhancing network security. For more details, visit here.
⚠️🇺🇸 The S&P 500 has reached a monthly low, signaling concerns among investors. The recent market fluctuations reflect broader economic uncertainties and changing investor sentiment. Analysts are closely monitoring the situation as they assess potential impacts on the economy and future market trends. For more details, visit here.
⚠️✴️ Bitcoin (BTC) has fallen below the $65,000 mark, raising concerns among investors. The cryptocurrency, which has seen significant fluctuations in recent months, now faces increased scrutiny as market dynamics shift. Analysts are closely monitoring price trends and potential recovery efforts. For more information, visit this link.
🚫🛢🇷🇺 Russia is considering extending its ban on diesel fuel exports for one month. Additionally, the country is discussing a six-month extension of its ban on gasoline exports.
⚠️🇮🇷 Iran has sent a commander of the IRGC and missile-related equipment to the Yemeni Houthis this month, according to Western media reports.
⚠️🇪🇺 The European Central Bank (ECB) is prepared to raise interest rates in September, according to Bloomberg.
🚨🛢🇺🇸 US Gas Supply Report: The EIA reports an increase of 32 BCF in gas supplies, slightly below expectations of 34 BCF and down from the previous figure of 41 BCF.
🛢 Galibaf stated that the U.S. intended to punish Iran, but instead, they have harmed themselves with oil prices reaching three-digit figures. The 10/10 strategy is in focus.
🛢🇷🇺 Government revenues from oil and gas taxes in Russia are projected to rise by 60% year-on-year in July, reaching 1.3 trillion rubles, according to calculations by RTRS.