Oil Drops 2% After Iraq Restores Output and Ukraine Talks Ease Supply Fears
Oil prices fell about 2% as Iraq restored production at an oilfield supplying roughly 0.5% of global output, while continued Ukraine talks reduced geopolitical risk.
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1 news articles · 12 briefs · 0 guidesOil prices fell about 2% as Iraq restored production at an oilfield supplying roughly 0.5% of global output, while continued Ukraine talks reduced geopolitical risk.
The Iranian rial has plunged to a historic low near 1,250,000 per U.S. dollar, extending a multiyear currency collapse driven by sanctions and dwindling foreign reserves.
The Bank for International Settlements says gold’s 60% surge alongside record-setting equities marks an unusual pattern that may signal speculative excess across major markets.
Paramount has launched a hostile $30-per-share bid for Warner Bros. Discovery, surpassing Netflix’s offer as shareholders - not management - prepare to decide the future of the studio.
Experimental Grok 4.20 was the only AI model to earn a profit in a trading tournament, gaining 12.11% as rivals posted heavy losses.
OpenAI says ChatGPT now has about 800 million weekly users, pushing enterprises to adopt generative AI tools at scale.
BPCE will introduce in-app crypto trading to 12 million customers, starting with a pilot for 2 million users across four regional banks.
Binance becomes the first exchange to receive full ADGM licensing in Abu Dhabi, enabling fully regulated trading and custody services.
Coinbase returns to India after two years, reopening sign-ups and crypto trading amid shifting conditions in the local digital asset market.
MicroStrategy added 10,624 BTC for $962.7 million, continuing its aggressive accumulation at an average price of $90,615.
The Turkish lira hit a new historic low as inflation pressures and policy uncertainty continued to undermine currency stability.
OnlyFans says removing middle management and relying solely on juniors and seniors helps the 40-person company generate over $7 billion annually.
Tesla’s Optimus robot appeared to be remotely controlled at a Miami event, contradicting Elon Musk’s claims of full AI autonomy.
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