Finance

Crude benchmarks have pulled back following the restoration of Saudi Arabian pipeline networks and optimism surrounding diplomatic negotiations between the United States and Iran. Brent crude futures slid below the $100 per barrel threshold for the first time in over two weeks, mitigating immediate fears of energy supply disruptions.

Spot gold prices are stagnating in a strict trading range between $4,330 and $4,400 per ounce. The precious metal is facing a tug-of-war between its role as an inflation hedge and downward pressure exerted by high Treasury yields and a robust U.S. dollar.

Pioneering cryptocurrency derivatives platform BitMEX has officially ended its eleven-year run, closing all operations and enforcing position liquidations. The shutdown follows a broader corporate strategic reassessment rather than financial distress, forcing users to meet immediate withdrawal deadlines to avoid penalty fees.