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oil market Flash News List | Blockchain.News
Flash News List

List of Flash News about oil market

Time Details
2025-06-22
14:04
Strait of Hormuz Controls 20% of Global Oil Flow: Key Impact on Crypto Markets (BTC, ETH)

According to The Kobeissi Letter, the Strait of Hormuz, situated between Oman and Iran, is responsible for controlling approximately 20% of the world’s daily petroleum liquids consumption, making it a critical chokepoint for global energy supply (source: @KobeissiLetter, June 22, 2025). For crypto traders, disruptions or geopolitical tensions in this region can result in increased market volatility, as surges in oil prices often drive risk-off sentiment and capital flows into safe-haven assets like Bitcoin (BTC) and Ethereum (ETH). Monitoring developments in the Strait of Hormuz is essential for anticipating potential short-term volatility across both energy and cryptocurrency markets.

Source
2025-05-14
15:47
Saudi Aramco Signs $90 Billion MOUs With U.S. Companies: Major Oil Deal Could Boost Energy-Linked Crypto Assets

According to Crypto Rover, Saudi Aramco, the world's largest oil company, has signed $90 billion worth of memorandums of understanding and pacts with U.S. companies (source: Crypto Rover on Twitter, May 14, 2025). This record-breaking agreement is expected to strengthen U.S.-Saudi economic ties and may influence global energy markets. For crypto traders, increased oil sector investments can raise volatility and trading volume in energy-linked cryptocurrencies, such as oil-backed tokens and commodity-tracking stablecoins. Traders should monitor potential spillover effects on commodity-driven crypto assets and watch for sector-specific token price movements following this news.

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