๐ฅ Tokenized gold prices surge to a high of $5,494/oz as the US and Israel strike Iran and Iran retaliates.
Traditional gold markets remain closed for 34 more hours.
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Goldman Sachs says its private credit arm is holding firm with lower redemptions and solid inflows, even as AI fears rattle software-focused lenders.
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๐ฎ๐ท If Iran follows through on threats to close the Strait of Hormuz, oil prices could surge past $100 per barrel.
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๐ฎ๐ท๐ฎ๐ฑ New wave of airstrikes reported targeting Tehran, with explosions reported in the capital.
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๐จ Iran has targeted an oil tanker off the coast of Oman near Strait of Hormuz, 4 crew members injured.
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๐ธ๐ฆ AFP reports explosions in Riyadh, Saudi Arabia's capital
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Who Will Succeed Khamenei?
Following the killing of Iranโs Supreme Leader Ali Khamenei, attention has turned to the leadership transition process in Tehran.
Although it was previously reported that three candidates had been designated, political circles are now discussing a list of 8 possible successors.
๐ฅซ t.iss.one/FinancialWorldUpdates
Following the killing of Iranโs Supreme Leader Ali Khamenei, attention has turned to the leadership transition process in Tehran.
Although it was previously reported that three candidates had been designated, political circles are now discussing a list of 8 possible successors.
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Financial World Updates
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๐ต๐ผ๐ฎ๐ท Footage of Palau-flagged oil tanker 'Skylight' on fire following Iranian strikes near the Strait of Hormuz.
๐ฅซ t.iss.one/FinancialWorldUpdates
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๐จ Tokenized gold like PAXG and XAUt now drives nearly all weekend gold price discovery while CME futures are closed, with market cap surging to $4.4B.
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๐ฌ๐ง UK refuses to say whether it backs United States and Israeli military action in Iran.
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๐ฆ๐ช๐ฎ๐ท UAE shuts down its stock market Monday and Tuesday following Iranian strikes.
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Shares of Russian oil and gas companies are rising amid U.S. and Israeli strikes on Iran.
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๐ต๐ฐ Pakistan Stock Exchange plunges 9%, massive 15,000-point fall.
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Amazon's AWS temporarily shut down power at one of its UAE data centers after unidentified โobjectsโ struck an availability zone, sparking a fire.
The incident caused temporary outages and connectivity disruptions in that specific zone.
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๐จ Energy shock hits global markets
Iran has reportedly targeted major oil infrastructure, including facilities linked to Saudi Aramco. Energy markets reacted immediately.
โก๏ธ Crude oil jumped nearly 6% in a few hours.
โก๏ธ Natural gas gained over 4%.
โก๏ธ European gas surged 25% at the open
โก๏ธ Dutch TTF moving above โฌ38 per MWh.
The Strait of Hormuz, a key transit route for roughly 20 million barrels of oil per day, is now at the center of the risk. Any disruption there directly impacts global supply expectations.
Shipping costs are rising fast as insurers reprice risk. Some carriers are already rerouting vessels around Africa, extending delivery times and increasing costs.
Only a limited share of Gulf oil can bypass the Strait through pipelines. If disruption persists, supply constraints could tighten quickly.
Markets are pricing geopolitical risk. The next move depends on whether this remains contained or escalates further.
๐ฅซ t.iss.one/FinancialWorldUpdates
Iran has reportedly targeted major oil infrastructure, including facilities linked to Saudi Aramco. Energy markets reacted immediately.
โก๏ธ Crude oil jumped nearly 6% in a few hours.
โก๏ธ Natural gas gained over 4%.
โก๏ธ European gas surged 25% at the open
โก๏ธ Dutch TTF moving above โฌ38 per MWh.
The Strait of Hormuz, a key transit route for roughly 20 million barrels of oil per day, is now at the center of the risk. Any disruption there directly impacts global supply expectations.
Shipping costs are rising fast as insurers reprice risk. Some carriers are already rerouting vessels around Africa, extending delivery times and increasing costs.
Only a limited share of Gulf oil can bypass the Strait through pipelines. If disruption persists, supply constraints could tighten quickly.
Markets are pricing geopolitical risk. The next move depends on whether this remains contained or escalates further.
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