OIL – DIGIT INFO

US-Iran MoU Pushes Brent Below $80 as Traders Price In Strait of Hormuz Reopening

DIGIT — Tue, 16 Jun 2026 16:32:37 +0000

Global oil prices hit a two-month low on June 16, with Brent crude briefly dropping below $80 a barrel and WTI crude falling 4% to $77.43, driven by enthusiasm over a U.S.-Iran memorandum of understanding (MoU) to reopen the Strait of Hormuz. Severe Infrastructure Damage Hinders Recovery Oil price declines continued Tuesday, with Brent crude […]

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Bitcoin Tops $66K as US-Iran Deal Triggers Risk-on Rally Across Markets

DIGIT — Mon, 15 Jun 2026 13:23:40 +0000

Risk assets rallied sharply on Monday morning as a U.S.-Iran peace framework, a record-setting SpaceX IPO, and easing oil prices converged to push bitcoin past $66,600 and equity futures to session highs ahead of Wednesday’s FOMC decision. Bitcoin Spikes to $66,600 Bitcoin traded over $66,600 as of Monday morning at 9 a.m. Eastern time, up […]

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‘We Will Be Taking Kharg Island’ Trump Warning Puts Oil, Stocks and Bitcoin on Alert

DIGIT — Thu, 11 Jun 2026 16:14:23 +0000

Trump’s Iran warning and 6.5% PPI put oil, bitcoin, and equities on alert as traders weigh inflation. Trump’s new warning on Iran and a hotter 6.5% producer inflation print gave bitcoin traders a fresh macro test Thursday, with oil, stocks, and crypto all caught between geopolitical risk and rate-cut anxiety. Inflation Reprices the Trade The […]

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Trump Warns Iran Will ‘Pay the Price’ as Gas Prices Jump 40% and Inflation Hits 3-Year High

DIGIT — Wed, 10 Jun 2026 13:38:51 +0000

The U.S. Bureau of Labor Statistics reported Wednesday that May 2026 headline consumer price inflation climbed to 4.2% year-over-year, the hottest reading since April 2023, driven almost entirely by a war-linked energy spike as President Donald Trump escalated rhetoric against Iran on the same morning. Inflation Accelerates for Third Straight Month The May CPI print, […]

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WTI Crude Oil Drops From $95 to $89 as Iran and Israel Halt Fire

DIGIT — Tue, 09 Jun 2026 14:33:49 +0000

On Tuesday, West Texas Intermediate crude oil dropped over 5% to around $89.13 a barrel, and Brent crude slid to $93 a barrel, reversing spikes triggered by recent Middle East tensions. Crude Prices Retreat From Recent Spikes The U.S. benchmark West Texas Intermediate (WTI) crude oil dropped below the $90-a-barrel threshold Tuesday as energy markets […]

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Cheap Oil May Not Be Coming Back Soon as Markets Price Supply Risks

DIGIT — Tue, 02 Jun 2026 00:30:58 +0000

Cheap oil may not return soon, leaving investors, businesses, and consumers exposed to higher costs for longer. A new supply-security premium could keep inflation pressure alive, delay rate cuts, and reshape global markets. Oil’s New Security Premium Puts Inflation and Rate Cuts at Risk Cheap oil may not return soon, and Devere Group CEO Nigel […]

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Robert Kiyosaki Links Iran Yuan Oil Move to US Dollar ‘Death’ Warning

DIGIT — Tue, 26 May 2026 01:30:38 +0000

Robert Kiyosaki warned that Iran’s yuan-based oil payments could intensify pressure on the U.S. dollar. His comments cited Ray Dalio’s petrodollar analysis and reports involving Strait of Hormuz traffic. Kiyosaki Predicts Dollar Pressure From Yuan Oil Trade Robert Kiyosaki raised a stark warning about the U.S. dollar on X on May 24, linking claims about […]

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Iran Diplomats Push Peace Talks in Doha as Bitcoin Holds $77,700 and Oil Drops 6%

DIGIT — Mon, 25 May 2026 18:06:30 +0000

Iranian diplomats landed in Doha, Qatar, on Monday, for high-level talks with U.S. counterparts aimed at building a peace framework, sending oil prices lower and pushing risk assets including bitcoin higher. Iran and U.S. Negotiate Strait of Hormuz Deal as Bitcoin Climbs 1.47% in Doha Talks Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas […]

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Brent Crude Tumbles Below $99 as Trump Signals US-Iran Deal, Bitcoin Holds Near $77K

DIGIT — Mon, 25 May 2026 00:33:17 +0000

Oil markets slid over the Memorial Day weekend as President Trump said a deal to reopen the Strait of Hormuz is “largely negotiated,” pulling Brent crude below $99 while bitcoin held near $77,000 with U.S. stock exchanges shuttered for the holiday. Trump Signals U.S.-Iran Deal Pushes Brent Crude Below $99 as WTI Eyes $80s Brent […]

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NYSE Owner ICE Partners With OKX to Launch Perpetual Oil Futures

DIGIT — Sat, 23 May 2026 04:30:58 +0000

Intercontinental Exchange and crypto platform OKX are preparing to launch perpetual oil futures tied to Brent and WTI benchmarks. The partnership marks another step in the growing convergence between traditional commodity markets and crypto-native trading infrastructure. OKX Pushes Perpetual Oil Contracts as ICE Expands Into Crypto Infrastructure Intercontinental Exchange, the owner of the New York […]

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