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Geopolitics
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Zelenskyy Says Putin Has Ordered Russian Military Leaders to Disregard Rules of War
Ukrainian President Volodymyr Zelenskyy told the Financial Times that Russian President Vladimir Putin has ordered his military leaders that "there are no rules now."
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US refiners' margins increase fourfold, reaping windfall profits as wars push up fuel prices
US refiners have seen their profit margins increase fourfold, leading to windfall profits. This comes as ongoing wars continue to drive up fuel prices for consumers, a trend that has drawn scrutiny to
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UN: Global Fuel Subsidies May Exceed $1 Trillion This Year Due to Iran War
A United Nations study found that governments globally are struggling to shield consumers from rising energy prices, with fuel subsidies potentially costing over $1 trillion this year, largely driven
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U.S. Trade Representative Greer stated that a trade deal with India is "not imminent" after the call between Donald Trump and Modi.
U.S. Trade Representative Greer said on Thursday that a trade deal with India would not be reached in the short term, as Washington and New Delhi are still discussing the details of the agreement. Gre
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World's Top LNG Buyer Expects Qatar Supply Disruptions from Hormuz Strait to Persist
The head of the world's largest liquefied natural gas buyer expects disruptions to the Strait of Hormuz to persist, further curtailing flows from Qatar, a region that accounted for about a fifth of gl
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Trump Kicks Off Midterm Election Campaign, Seeks to Boost Republican Prospects
Donald Trump kicked off a 32-day midterm election campaign on Thursday, holding rallies in Texas and Oklahoma to boost Republican prospects in the November elections. Trump's approval ratings are curr
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Oil prices rose despite the resumption of tanker traffic in the Strait of Hormuz, and the 10-year U.S. Treasury yield hit a 24-year high.
Global crude oil futures benchmarks rose 4.4% to $102.31 per barrel on Thursday, even as U.S. forces weakened Iran's control over the Strait of Hormuz, helping oil shipments rebound to pre-war levels,
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Middle East Tensions Escalate: US Deploys 2,000 Marines to the Middle East, Oil Tanker Attacked in Strait of Hormuz
The U.S. is deploying 2,000 Marines to the Middle East as part of a larger military buildup around Iran, coinciding with a tanker attack in the Strait of Hormuz.
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Middle East oil and gas flows rising despite dangers in Hormuz Strait, according to tanker captain's account
Middle East oil and gas flows rising despite dangers in Hormuz Strait, according to tanker captain's account
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Asian Stocks Poised to Fall as Oil Rallies on US-Iran Conflict Concerns
Asian stocks are expected to decline as oil prices surged due to the prospect of renewed conflict between the US and Iran, reviving concerns about the inflationary impact of higher energy prices. The
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Oil rises for third day as Middle East conflict escalates, threatening energy flows
Oil rises for third day as Middle East conflict escalates, threatening energy flows
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Russia's Putin rules out ceasefire on long-range strikes with Ukraine, warns West of nuclear response if Kaliningrad attacked
Russian President Vladimir Putin has ruled out a ceasefire on long-range strikes with Ukraine, stating that Moscow is responding in kind to attacks on its oil refineries, which have cost the country 1
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Ireland vs. Austria Football Match Interrupted by Protesters Boycotting Israel
A match between the Republic of Ireland and Austria on Thursday was interrupted by protesters who threw tennis balls onto the pitch and invaded the field, calling for Ireland to boycott matches agains
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Poll: Most Americans say US-Israel war on Iran not worth fighting
A new nationwide poll by The Associated Press-NORC Center for Public Affairs Research found that nearly 70% of US adults believe the US-Israeli war on Iran has not been worth fighting, a five-point in
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ICC terminates contract with French insurer Axa amid US sanctions threat, citing inability to find solution without blocking statute
The International Criminal Court (ICC) has ended its contract with French health and life insurer Axa, effective immediately, and will seek another provider. This decision comes as the US, under Presi
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Saudi-led coalition accuses Houthis of attacking Medina power station on Tuesday, intercepting multiple drones and missiles on Thursday; Saudi Arabia approves $59.7 million aid to Yemeni government.
A Saudi-led coalition accused Iran-backed Houthi rebels of attacking a power station in the Saudi holy city of Medina this Tuesday, causing a transformer to go offline but without affecting the grid.
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Yemen's government forces hold ground in Taiz, preventing Houthi breakthrough after Red Sea coast gains
Yemen's Houthi rebels launched intense attacks in Taiz governorate on Thursday, attempting to build on their offensive that captured the country's Red Sea coast last month. However, Yemeni government
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Canadian Prime Minister Carney announced the acceleration of the "Pacific Connect" oil pipeline project approval, aiming to reduce the economy's reliance on the United States.
Canadian Prime Minister Mark Carney announced on Thursday that the "Pacific Connect" crude oil export pipeline project will be fast-tracked for approval and designated a national interest project to s
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German Chancellor Merz says Europe braces for ‘severe hybrid attacks’ from Russia, views Moscow’s escalation as ‘desperation’ over Ukraine war
German Chancellor Merz says Europe braces for ‘severe hybrid attacks’ from Russia, views Moscow’s escalation as ‘desperation’ over Ukraine war
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FT analysis: Europe should take Trump’s diesel ban threat seriously, as it highlights the need for greater energy independence
The Financial Times analysis suggests that even if Trump were to back down from his threat of a diesel ban, the warning should prompt Europe to enhance its energy independence.
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Trump claims Iran nuclear threat eliminated 'in one night', previously estimated 4-6 weeks
President Trump stated that while he had repeatedly estimated it would take 4–6 weeks to eliminate what he calls the “Iran nuclear threat,” it was accomplished “in one night.” He added that subsequent
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The US deploys a third aircraft carrier strike group to the Middle East, increasing troop presence by nearly 10,000.
The Pentagon is deploying another aircraft carrier strike group and additional Marine Corps vessels to the Middle East, adding approximately 9,000 to 10,000 troops, the Wall Street Journal reported. T
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UK police arrest British-Iranian dual national suspected of involvement in air base incident
British counter-terrorism police on Thursday arrested a 27-year-old British-Iranian dual national in London on suspicion of preparing acts of terrorism, as part of an investigation into an incident ne
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Putin: Some European countries, including Germany, are seizing Russian assets, and Russia is responding in kind.
Putin: Some European countries, including Germany, are seizing Russian assets, and Russia is responding in kind.
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Yemeni government forces announced the launch of the "Dawn of Yemen" military operation across multiple locations, resulting in 267 Houthi casualties or withdrawals.
The Yemeni government forces announced the launch of the "Yemeni Dawn" military operation across multiple regions, resulting in 267 Houthi casualties or retreats. Colonel Majeed Al-Nazili, the militar
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According to Deltaone, Rubio stated that the negotiations have yielded no results, and the demands put forward by Iran are "completely unacceptable."
According to Deltaone, Rubio stated that the negotiations have yielded no results, and the demands put forward by Iran are "completely unacceptable."
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Drone attack hits Khor Mor gas field in Iraqi Kurdistan, slashing power generation by about 2.8 gigawatts
Omid Ahmed, a spokesperson for the Ministry of Electricity in the Kurdistan Regional Government of Iraq, stated that a drone attack on the Khor Mor gas field in Iraq has resulted in a reduction of nea
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Iranian state media reports that the U.S. military launched "projectiles" at Qeshm Island
Citing Al Jazeera and Iranian state media reports, the U.S. military fired "projectiles" at Qeshm Island in the Strait of Hormuz on Sunday evening local time. The Islamic Republic News Agency (IRNA) p
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Trump stated that the U.S. military's "Iron Gate" Task Force is now fully operational, working in coordination with the maritime blockade to deter Iran.
Trump stated that the U.S. military's "Task Force Iron Gate" is now fully operational, working in coordination with a naval blockade to curb Iran; U.S. President Donald Trump posted on social media th
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Drone attack hits Khor Mor natural gas field in Iraq's Kurdistan region
A drone attack hit the Khor Mor gas field—one of the largest natural gas fields in the region—located in the Sulaymaniyah Governorate of the Iraqi Kurdistan Region. The party responsible for the attac
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Iraqi Kurdistan Region President Meets Iranian Delegation to Discuss Security Cooperation and Regional Stability
The President of the Kurdistan Regional Government of Iraq met with an Iranian delegation, with both sides discussing ways to improve security cooperation and mechanisms for maintaining regional stabi
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Houthis Claim Saudi-Led Coalition Carried Out 91 Airstrikes and Missile Attacks in Yemen Over Past 24 Hours
The Houthis stated that the Saudi-led coalition carried out 91 airstrikes and missile attacks in Yemen over the past 24 hours, affecting six Yemeni provinces and causing civilian casualties. The group
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According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
According to the Islamic Republic News Agency (IRNA), explosions were heard on Iran's Qeshm Island, though there has been no official confirmation yet.
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Saudi-led coalition says it destroyed a Houthi missile launcher in Sanaa, Yemen.
The Saudi-led coalition announced that it has destroyed a missile launcher belonging to the Houthis in Sana'a, Yemen. Coalition spokesman Turki al-Maliki stated that the launcher had previously been u
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Iranian Foreign Minister Abbas Araghchi: US election results have led to the suspension of mediators' work
Iranian Foreign Minister Abbas Araghchi: US election results have led to the suspension of mediators' work
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Florida Governor-elect Byron Donalds: Conflict with Iran "is coming to an end"
In an interview with NBC News, Byron Donalds, the newly elected Republican Governor of Florida and a close ally of Donald Trump, stated that the conflict with Iran is "coming to an end" and that gasol
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Iranian Foreign Minister Abbas Araghchi stated that negotiations to end hostility with the United States have not yet made progress, and they are waiting for the situation to become clearer following the U.S. midterm elections.
Iranian Foreign Minister Abbas Araghchi stated that negotiations to end hostility with the United States have not yet made progress, and they are awaiting clarification of the situation following the
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Israeli Prime Minister-designate Eisenkot stated that he is open to including Benjamin Netanyahu in the ruling coalition.
Israel's designated government-forming candidate Gadi Eisenkot stated that he is open to including Benjamin Netanyahu in a coalition government. Speaking at a ceremony at the President's Residence in
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Trump: Further strikes against Iran will be "highly unlikely" if progress is made on nuclear and Strait of Hormuz negotiations
Trump: Further strikes against Iran will be "highly unlikely" if progress is made on nuclear and Strait of Hormuz negotiations
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Adviser to Iran's Supreme Leader: US Midterm Election Results Will Not Change Tehran's Stance Toward the US
Mohammad Mokhber, an advisor to Iran’s Supreme Leader, stated on X that a Democratic victory in the US midterm elections will not change Tehran's stance toward Washington. He wrote, "It is naive to ti
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Iranian Foreign Minister Abbas Araghchi warns: If the situation escalates, Tehran will "unleash hellfire"
Iranian Foreign Minister Abbas Araghchi warned in a post on X that U.S. voters have made their choice, and the White House must now make its own; if hostilities resume, Iran will "unleash hellfire." A
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Reform UK leader Farage predicts a surge in military action against Iran after the US midterms
In an interview with the BBC, Reform UK leader Nigel Farage predicted that following the US midterm election results, he "expects to see a very sharp increase in military action against Iran." Farage
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Iranian Foreign Minister Abbas Araghchi warned that US targets in the region could be within range of strikes.
Iranian Foreign Minister Abbas Araghchi has warned that Iran "will not hesitate" in its stance toward the United States, pointing out that certain U.S. targets in the region located outside military b
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Saudi coalition destroys two Houthi missile launchers in Saada, Yemen
The Saudi-led coalition in Yemen announced that it had destroyed two ballistic missile launchers in Saada, northwestern Yemen. A coalition spokesperson stated that the Houthi movement had previously u
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Iranian Foreign Ministry Condemns Saudi Military Operations in Yemen, Calls for Immediate Ceasefire and Bilateral Dialogue
The Iranian Ministry of Foreign Affairs condemned Saudi Arabia's "military aggression" in Yemen, calling for an immediate halt to military attacks, a full lifting of the blockade, and respect for the
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Gulf Stock Markets Fall Amid Iran Tensions as Investors Await Donald Trump's Next Move
Gulf stock markets declined as they were rattled by the situation in Iran, with investors awaiting Donald Trump's next move. As investors looked for signs of whether the U.S. might launch new strikes
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Israeli President Isaac Herzog has officially tasked Gadi Eisenkot with forming a new government and warned that the threat from Iran is imminent.
Israeli President Isaac Herzog has officially authorized Gadi Eisenkot to form a new government, while warning that the Iranian threat is imminent. In his speech, Herzog stated that Iran has never cea
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Qatar condemns Houthi missile and drone attacks on Saudi Arabia
Qatar has condemned the Houthi missile and drone attacks targeting Saudi Arabia. In a statement released by the Qatari Ministry of Foreign Affairs, the attacks launched by the Houthi movement against
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Reviewing Bitcoin's Historical Performance Amid Geopolitical Conflicts: From Flash Crash to V-Shaped Recovery—True Safe-Haven Asset or High Volatility?
Geopolitical crises are the ultimate litmus test for asset attributes. Looking back at events such as the Russia-Ukraine conflict in 2022 and the escalation of US-Iran tensions in 2026, Bitcoin's (BTC) performance exhibits a recurring pattern: during the initial outbreak of a crisis, market panic and liquidity squeezes often trigger "flash crashes," with intraday drops reaching 8%–10%. However, once sentiment is released, prices tend to stage a rapid "V-shaped recovery," regaining lost ground or even hitting new highs within days or weeks. This short-term high volatility makes it behave more like a risk asset, while its long-term "digital gold" narrative of resisting inflation and decentralization—coupled with institutional capital inflows that frequently follow crises—endows it with certain hedging characteristics. This article reviews key historical case studies to explore Bitcoin's dual identity in turbulent environments.
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May 2026 Crypto Market Review: Bitcoin Fluctuates Around $77,000 Amid Continuous ETF Outflows and Geopolitical Impacts
In May 2026, the crypto market experienced a correction after the Bitcoin price surpassed $80,000, leading to a tug-of-war between bulls and bears around $77,000. US spot Bitcoin ETFs saw net outflows for several consecutive days, totaling over $1.5 billion, while Ethereum ETFs also faced capital pressure. The escalation of geopolitical conflict between the US and Iran was considered one of the main drivers of cautious market sentiment and capital outflows. Despite the complex macroeconomic environment, venture capital funding in the crypto space rebounded significantly in May, demonstrating the industry's internal resilience and development.
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Bitcoin Back to $70,000: Amid Macroeconomic Pressures and Geopolitical Turmoil, What Is Supporting the Price?
After the price of Bitcoin once again surpassed $70,000 in March 2026, it has recently (July 2026) pulled back amid macroeconomic headwinds and geopolitical uncertainty, fluctuating around $64,000.Although the U.S. spot Bitcoin ETF attracted significant institutional capital following its approval in early 2024, there have also been recent outflows. This article will conduct an in-depth analysis of current external pressures—including inflation, high interest rates, and geopolitical conflicts—and explore key supporting factors such as institutional investors, long-term holders, and the halving effect at Bitcoin, while examining the perspectives of both bulls and bears.
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