Iran May Control Strait Of Hormuz

Oil traffic may not recover to pre-war levels The war in the region is affecting oil and gas traffic via the Strait of Hormuz. Traffic has partially recovered but remains below pre-February 28 levels. Big Oil warns of a looming supply shortage set to hit gl

RBNZ May Hike Rates in July

RBNZ may raise rates in July after a 3:3 split vote The RBNZ held the OCR at 2.25% on a 3:3 split vote. The central bank's updated OCR track was lifted nearly 50 basis points over the next year. New Zealand has not recovered from a deep double-dip recession in 20

New York Court Faces 3.8M Bitcoin Lawsuit

Anonymous plaintiff seeks to declare 3.8M Bitcoin as abandoned property An anonymous plaintiff is asking a New York court to declare 3.8M Bitcoin, including coins tied to Satoshi, as abandoned property. The lawsuit's outcome could set a significant precedent for the t