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global oil supply Flash News List | Blockchain.News
Flash News List

List of Flash News about global oil supply

Time Details
2025-06-22
14:04
Oil Supply Shock: Pipeline Rerouting May Lead to $150-$200/Barrel Prices and Crypto Market Volatility

According to The Kobeissi Letter, approximately 6.5 to 7.5 million barrels per day of oil production could be rerouted through pipelines, yet this still represents a 65% drop in output, or about 13% of global supply (source: The Kobeissi Letter, June 22, 2025). If the closure persists, oil prices could spike to $150-$200 per barrel, leading to significant volatility across financial markets. Historically, such oil shocks have sparked increased interest in cryptocurrencies like BTC and ETH as alternative assets, suggesting traders should closely monitor both energy and crypto markets for correlated price movements.

Source
2025-05-01
18:26
Oil Prices Surge to $60: Trump Sanctions Threat Impacts Global Energy Markets

According to The Kobeissi Letter, oil prices are rapidly approaching $60 per barrel as President Trump announced potential sanctions on any country purchasing oil from Iran, stating these countries would be barred from conducting business with the United States. This development introduces significant volatility to energy markets, with traders anticipating tighter global oil supplies and elevated price risk in the near term. The threat of U.S. sanctions is likely to prompt increased demand for non-Iranian oil and may lead to price spikes across related commodities and energy-linked assets (source: The Kobeissi Letter on Twitter, May 1, 2025).

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