Oil Surges Above $90 After Trump Threatens to Bomb Oman Over Strait of Hormuz
Brent crude broke above $90 a barrel and rose 2.7% on Monday after President Donald Trump threatened to bomb Oman if the country interferes with talks over the Strait of Hormuz. The remarks landed as a 60-day US-Iran negotiating deadline expired without a resolution, deepening uncertainty across energy markets. What Trump Actually Said About Oman The post Oil Surges Above $90 After Trump Threatens to Bomb Oman Over Strait of Hormuz appeared first on BeInCrypto.
Key Takeaways
- Brent crude broke above $90 a barrel and rose 2.7% on Monday after President Donald Trump threatened to bomb Oman if the country interferes with talks over the Strait of Hormuz.
- The remarks landed as a 60-day US-Iran negotiating deadline expired without a resolution, deepening uncertainty across energy markets.
- What Trump Actually Said About Oman The post Oil Surges Above $90 After Trump Threatens to Bomb Oman Over Strait of Hormuz appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the…
Top 5 Rollup Tokens in August 2026
As blockchain adoption continues to grow, scalability remains one of the biggest challenges for Ethereum and other major blockchain networks. Rollups have emerged as a leading Layer 2 scaling solution, processing transactions off-chain and submitting bundled…
KuCoin’s new perp rule can turn one funding-rate extreme into 36 hours of hourly settlements
USDT and USDC contracts move from the next period, while returning to four-hour settlement requires 36 stable hours. The post KuCoin’s new perp rule can turn one funding-rate extreme into 36 hours of hourly settlements appeared first on CryptoSlate.