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Russian Urals crude oil premiums in India surged to $8/barrel, a new high since May, due to tightening supply from the Middle East.
Indian and Chinese refiners are turning to Russian crude purchases due to supply disruptions in the Middle East, while exports from Russia's Novorossiysk port remain restricted. The reduction in alternative supplies is significantly strengthening Russia's pricing power in Asian markets.
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24H Trending
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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ETH inter-exchange spread reaches 1.11%
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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