🚨 IRAN TO RAISE GAS PRICES AS WAR AND U.S. SANCTIONS BITE
Iran will raise gasoline prices Tuesday for motorists using more than 110 liters per month, as Tehran grapples with economic pressure from the war and U.S. sanctions.
Government spokesperson Fatemeh Mohajerani attributed the increase to “current conditions.”
Iran previously postponed the move amid fears of renewed unrest. A fuel-price hike helped trigger widespread protests in 2019.$IP $IR $OP
🇺🇸🇮🇷 The Strait of Hormuz is basically on life support right now.
Only 10 ships/day average over the last 10 days, the lowest since May. Saturday? Just 2 vessels. Sunday? 6.
After U.S.-Iranian strikes on tankers, captains aren't exactly rushing through. Wild part: most ships are taking the *Iranian* route. Make that make sense geopolitically.
One of the world's most critical energy chokepoints is seizing up in real time.$US $US $UP
#Opinion: The use of force by the US and Israel against Iran shows the world that the international rule of law is taking the heaviest blow, that human rights and humanitarian principles are being most deeply trampled on, and that the moral decay of US "neo-imperialism" is being most starkly exposed. $YGG $YZY $YZY
BREAKING: Bank of America warns a September downturn could trigger $163 billion in forced selling from algorithmic trading funds.
Right now, these funds only have about $9 billion left to buy with if stocks go up.
But if stocks start falling, the same funds could be forced to sell up to $163 billion, an 18-to-1 imbalance between the upside and the downside.
On top of that, companies are entering their buyback blackout period in September, meaning they legally can't buy back their own stock right before earnings.
That removes another major buyer from the market at the exact same time.
Put together, there's very little support left to stop a drop, but a lot of fuel ready to make it worse.$TRX $T $TAO
JUST IN 🇺🇸🇮🇷🔥An U.S. Air Force' F-35A stealth Fighter jets is currently patrolling over the skies of regional waters as US forces preparing to continue to enforce the maritime blockade against Iran
REALITY - U.S. Takes more STRONG actions against Iran as IRGC struck multiple U.S. Warships in the region.$RED $RSR $R2
SUI AND CME GROUP JOIN HANDS AS CRYPTO GETS CLOSER TO TRADITIONAL FINANCE 🤯🤯🤯
@Sui and @CME Group are teaming up for a live teach-in on futures and exchange-traded derivatives, breaking down how professional markets work in language everyone can understand.
SUI IS GETTING CLOSER TO GLOBAL FINANCE$SUI $ENA $ESP
Iran’s IRGC has reportedly launched an anti-ship cruise missile toward the Strait of Hormuz amid escalating tensions and attacks on shipping.$WCT $W $ETH
The yen is up 2.5% this week and Japan didn't lift a finger. Pure market repricing on a hawkish BOJ bet. Now add a split Fed, oil above $90, and payroll data dropping in hours. Every domino is lined up.$Q $quq $WLD