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Trump says US will not strike Iran before midterm elections, oil prices drop
Oil prices dropped early Friday as Trump dismissed speculation of pre-midterm military action against Iran, stating on Truth Social that the US is having "productive discussions" with Iran and will no
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Analysts: Hezbollah's decision to join Gaza war significantly weakened its political standing in Lebanon
According to analysts, Hezbollah's decision on October 8, 2023, to join the 'war of support' for Gaza led to a series of events that profoundly reshaped Lebanon's political landscape. This included th
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U.S. East Asian diplomat Michael DeSombre says investors are overpricing Taiwan Strait conflict risk, citing deterrence and calling Xi a 'very rational actor'
U.S. East Asian diplomat Michael DeSombre says investors are overpricing Taiwan Strait conflict risk, citing deterrence and calling Xi a 'very rational actor'
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The USS Abraham Lincoln aircraft carrier has returned home after a 322-day deployment, having supported the war against Iran.
The USS Abraham Lincoln aircraft carrier returned to its homeport in San Diego, California, on Thursday, concluding a 322-day deployment that included a record 265 consecutive days at sea. The carrier
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The UN Security Council extended the arms embargo on Darfur, Sudan, but Russia and China blocked a proposal to expand it nationwide.
The UN Security Council voted to extend the arms embargo on Sudan's Darfur region for two months until December 11, but failed to agree on a US proposal to expand the embargo nationwide. Permanent mem
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China's Golden Week holiday sees 2.14 billion passenger trips, Japan tourism dwindles
As China's weeklong Golden Week holiday concluded on Oct. 7, the transport ministry reported 2.14 billion passenger trips, averaging 306 million per day, a 0.6% increase from last year. Southeast Asia
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Tigray War Escalates as Eritrean Troops Reportedly Enter Northern Ethiopia; Egypt and Three Other Nations Meet Over Ethiopian Regional Ambitions
The Tigray War resumed late last month, with Ethiopian federal forces entering Mekelle, the capital of Tigray, and the Tigray People's Liberation Front (TPLF) and other rebel groups withdrawing from t
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Iranian media reports massive explosion in southern Strait of Hormuz.
A massive explosion has occurred in the southern Strait of Hormuz, Al Jazeera reported, citing Iranian media. Fars News Agency cited unnamed military sources as saying an explosion had taken place.
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Gold holds steady as traders assess US-Iran tensions and the Federal Reserve's interest rate path.
Gold held steady after a moderate gain in the previous session, as traders assessed Middle East tensions following President Donald Trump's comments that the United States would not attack Iran before
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Russian President Putin pledged support for Iran to end the U.S.-led war.
Russian President Vladimir Putin told Iranian President Pezeshkian during their meeting in Turkmenistan that Russia would "do everything possible" to help Iran end the US-led war. Russian media quoted
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Oil prices surge on US-Iran tensions and Hurricane Isaias, Brent crude hits $105.88
Oil prices soared on Thursday, with Brent North Sea crude rallying to as high as US$105.88 a barrel, driven by reports of potential fresh US attacks on Iran and increased Iranian attacks on traffic th
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Bitcoin Rebounds Above $81,000 After Trump Rules Out Iran Strikes Before Midterms
Crude retreated around the president's statement.
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Hurricane Isaias approaches the U.S. Gulf of Mexico, halting over a quarter of crude oil production, while the Middle East situation pushed international oil prices up over 5% at one point on Thursday.
The first hurricane of the season in the Atlantic, "Isaias," is approaching the U.S. Gulf Coast, forcing the shutdown of over a quarter of the region's offshore oil production. As of Wednesday noon, a
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Trump's AI free-for-all plays into China's hands, Nikkei Asia opinion piece says
According to a Nikkei Asia opinion piece, Beijing's mix of regulation, infrastructure, and open models could woo the Global South, thereby benefiting China from Trump's free-for-all approach to AI.
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Trump clarifies his remarks on Iran's nuclear weapons, stating it was not an invitation for enemies to bomb American cities.
Donald Trump posted on Truth Social to clarify his previous remarks about "a temporary rise in gasoline prices being a small price to pay to stop Iran from having nuclear weapons, otherwise the cost w
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Bessent's New Advisor Zervos: US Treasury Yields "Very, Very High" But Will Soon Decline
David Zervos, a new advisor to US Treasury Secretary Scott Bessent, stated that US government bond yields are likely to fall back after recently surging to a 24-year high. Zervos noted on CNBC on Thur
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Iran's Foreign Minister stated that indirect negotiations between Iran and the US are still ongoing through mediators, and that a "seven-day plan" has been proposed, awaiting a response from the US.
Iran's Foreign Minister Araghchi stated on October 8 that Iran and the United States are continuing indirect negotiations through mediators, according to Xinhua News Agency, citing Iran's Tasnim News
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Donald Trump "debunks" claims: US will not attack Iran before November 3 midterm elections, following media reports of new strike considerations.
According to Xinhua News Agency, US President Donald Trump posted on social media on October 8 that the United States and Iran are engaged in "productive" discussions and that the US will not attack I
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Bitcoin Dominance Rises to 1-Month High, Altcoins Under Pressure
Bitcoin's market dominance surged to a 1-month high of 60.05% after a brutal crypto market sell-off on Thursday, which saw major altcoins like Ethereum, XRP, and Solana fall by 6% to 14%. The market c
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Japan-led Asia Zero Emission Community (AZEC) agreed to strengthen oil reserves among member states in response to the unstable situation in the Middle East.
The Japan-led Asia Zero Emission Community (AZEC) agreed at a meeting in Manila on Thursday to strengthen oil reserves among member states in response to increasing instability in the Middle East. Thi
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U.S. Treasury sanctions 17 vessels involved in Iranian oil transport; official says Iran has halted crude oil shipments due to U.S. blockade
U.S. Treasury sanctions 17 vessels involved in Iranian oil transport; official says Iran has halted crude oil shipments due to U.S. blockade
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Brazil's Flávio Bolsonaro Says He Would Work With US, China as President
Brazil's Flávio Bolsonaro said he would work with the US and China if he becomes president, following a surprise election performance that positions him to join a wave of conservative leaders pushing
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Trump: U.S. will not attack Iran before midterm election
President Donald Trump said Thursday that the United States will not attack Iran before the November 3 midterm election, explicitly tying the timing of potential further military action to the domesti
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Vietnam's offshore energy boom attracts Japan, US, Russia
New oil and gas projects are emerging off Vietnam's coast, home to some of Southeast Asia's richest reserves. Japanese and U.S. companies are competing with Russian players to meet the country's growi
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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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Yemeni Houthi armed forces claim attacks on Saudi Arabia's King Khalid Airport and Aramco oil facilities
Yemen's Houthi movement claimed it has launched attacks on Saudi Arabia's King Khalid International Airport and Saudi Aramco oil storage tanks. Houthi military spokesperson Yahya Sarea stated that the
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US military announces the establishment of Task Force "Iron Gate" aimed at severing Iran's overland and Caspian Sea supply networks
The US military has announced the formation of Task Force "Iron Gate," aimed at cutting off Iran's overland and Caspian Sea supply networks. U.S. Central Command stated that the new unit will be headq
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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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