Brent crude oil rose to $97.29 a barrel, its highest level in six weeks, as renewed U.S.-Iran fighting and threats to Iranian energy infrastructure increased supply concerns. Falling U.S. inventories and tight refined-product markets added pressure. Higher oil prices are raising inflation concerns and could strengthen expectations for further interest-rate hikes. Analysts warn Brent could approach $120 if restrictions around the Strait of Hormuz persist.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) from Imperial College London have…
Bitcoin (BTC) treasury company Strive has announced its proposed initial public offering (IPO) of a…
Story Highlights The live price of the Kaspa token is Kaspa could reach a maximum…
Story Highlights The live price of Filecoin crypto is Price predictions for 2026 range from…
Story Highlights The live price of Optimism is . OP could attempt a recovery toward…
Story Highlights The Live Price of BAT Token BAT price could hit $0.3524 by 2026…
