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Bitcoin price falls to $75K as new Hormuz closure highlights oil issues.

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Bitcoin Stays Above $75,000 Amid US-Iran Tensions Bitcoin (BTC) managed to maintain its value above $75,000 by the end of the week, even as new uncertainties about the escalating conflict between the US and Iran emerged. Key Takeaways BTC’s price has declined from a recent 10-week high as concerns about renewed hostilities between the US […]

Iran targets tanker close to Oman following Strait of Hormuz closure

Iran targets tanker close to Oman following Strait of Hormuz closure

Iran’s Revolutionary Guards Fire on Ship Near Oman ISLAMABAD — In a recent escalation, the Iranian Revolutionary Guards opened fire on at least one vessel near Oman after yet another assault on Tehran. The British Maritime Trade Organization reported that the Strait of Hormuz was closed on Saturday. According to the captain of the tanker, […]

Ben Stiller, Jodie Foster, and Spike Lee Join Forces to Call for Closure of Texas ICE Facility

Ben Stiller, Jodie Foster, and Spike Lee Join Forces to Call for Closure of Texas ICE Facility

Celebrity Call for Closure of Immigration Detention Center Prominent Hollywood figures, including Jodie Foster, Ben Stiller, Spike Lee, and Edward Norton, are among those urging for the “immediate closure” of the Dilley Immigration Detention Center located in Texas. A letter, made public last month, has garnered more than 215,000 signatures from actors, activists, artists, medical […]

David Blackmon: Closure of the Strait of Hormuz Affects More Than Just Oil

A Three-Headed Economic Threat Grows for American Consumers Amid Ongoing Iran Conflict and Upcoming Midterms

The recent focus on Iran’s effective closure of the Strait of Hormuz has primarily centered on its effects on oil supply. It’s understandable, considering that as of late February, around 20% of the world’s crude oil was leaving the Persian Gulf through this key route each day. This disruption has triggered remarkable price hikes in […]

Gas prices rise as LA council deals with consequences of Phillips 66 refinery closure

Gas prices rise as LA council deals with consequences of Phillips 66 refinery closure

Los Angeles is facing significant challenges, grappling with rising fuel prices and massive job losses. The shutdown of the Phillips 66 refinery is now a reality, causing fuel costs to soar for drivers and impacting local employment as it squeezes already tenuous fuel supplies. Regular gasoline prices have jumped above $8 per gallon, turning the […]