Poland's $424 Million Venezuela Oil Deal Collapses After USDT Payments
Poland's state refiner Orlen lost $424 million in a failed Venezuela oil deal paid with USDT, leading to charges against three former managers.
15/09/2026 11:268 min read
Oil
Oil prices hold gains as supply fears persist and diplomatic efforts stall
Crude prices remain supported as Saudi pipeline closure and delayed Hormuz talks raise supply concerns.
15/09/2026 10:419 min read
EUR/USD Slips Beneath 1.1560 Support as FOMC Decision Looms
EUR/USD broke below key 1.1560 support ahead of the FOMC decision, with the Fed expected to raise rates by 25 bps.
15/09/2026 08:3114 min read
Pentagon's Iran War Price Tag Excludes Fuel Shock
Pentagon estimates Iran war at $33.4B, but fuel costs hit consumers with $106.5B, triple the military's figure.
15/09/2026 08:1410 min read
European equities slide as oil tops $107, yields hit 5.02%
European stocks opened lower, led by Italy's FTSE MIB, as Brent crude topped $107 and 10-year yields hit 5.02%, stoking inflation fears ahead of the Fed.
15/09/2026 07:417 min read
WTI Oil Recovery Meets Resistance at $103.12-$103.40
WTI crude oil rebounded above $103, but faces resistance at $103.12-$103.40. Holding support is key for further gains.
15/09/2026 05:5226 min read
Pentagon watchdog confirms Iran war munitions strain Trump denied
A Pentagon Inspector General report confirms the Iran war has strained US munitions stockpiles, contradicting administration denials and adding to market…
15/09/2026 04:0119 min read
Nikkei bounces, Kospi slides as AI capex concerns split Asian markets
Japan's Nikkei rose about 1% as SoftBank surged, while South Korea's Kospi fell on chipmaker losses amid AI spending worries and Middle East tensions.
15/09/2026 03:3514 min read
Fed rate hike can't fix oil prices but may still fight inflation
The Fed may raise rates by a quarter point despite being unable to lower oil or diesel prices.
15/09/2026 00:2412 min read
Oil Executives Warn Global Fuel Crisis Has Arrived as Hormuz Closure Bites
Oil executives say a global fuel crisis has arrived as Hormuz closure bites, with diesel at record highs and crude near $101.
14/09/2026 23:0417 min read
Costco motor oil: prices double, purchases capped amid Iran conflict
Amid the Trump-Iran war, Costco has raised motor oil prices and imposed purchase caps, reflecting wider supply chain stress.
14/09/2026 22:3313 min read
Tehran and Washington offer differing explanations for tanker fire in Hormuz
Iran and the US give conflicting accounts of what disabled a tanker in the Strait of Hormuz, Tehran citing a mine, Washington claiming its own strikes.
14/09/2026 21:1314 min read
Risk assets regain ground as Trump weighs in on AI, energy
Risk assets improved as Trump tweeted on AI, Russia-Ukraine, and Iran, lifting stocks and other risky trades.
14/09/2026 17:517 min read
US reportedly eyes phased agreement with Iran, Pakistani sources indicate
Oil prices retreat after reports that Washington is pursuing a step-by-step pact with Iran, while Trump comments add to bearish sentiment.
14/09/2026 17:017 min read
Trump: Iran conflict 'will not be long'
Trump says the Iran conflict will end soon, but oil prices remain high. WTI crude is up $2.76 at $102.75.
14/09/2026 16:415 min read