US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
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The US revoked waivers for Iranian oil sales, leaving approximately 63 million barrels of Iranian crude oil stranded at sea.
According to Mars Finance, on July 8th, Bloomberg cited Vortexa data, after the US revoked waivers for Iranian oil sales, approximately 63 million barrels of Iranian crude oil are currently stranded at sea, with most tankers anchored in the Persian Gulf and Asian waters, and no buyers have yet been found. Previously, the US had allowed Iran to sell crude oil within 60 days without sanctions, but this week revoked the waivers citing Iran's attack on tankers in the Strait of Hormuz, resulting in a significant amount of already loaded crude oil facing sales difficulties. Market analysts stated that Iranian crude oil exports are once again under pressure due to factors such as sudden changes in US policy, European and American sanctions, and insurance restrictions. Apart from China, no Asian refineries have publicly purchased Iranian crude oil, and industry insiders expect Iran may need to further increase discounts to attract overseas buyers.
Bitunix Analyst: Canceling Iranian Oil Waivers and Deteriorating Hormuz Situation Increase Risk Asset Volatility
According to BlockBeats, on July 8th, global markets were focused on the renewed deterioration of the situation in the Middle East. The US not only expanded its military strikes against Iran but also revoked waivers for Iranian oil sales, further escalating security risks in the Strait of Hormuz. International oil prices surged by approximately 5%, reflecting the market's re-inflation of energy supply uncertainty. The situation is no longer just a simple military conflict; rather, it involves a simultaneous increase in risks to energy transportation and the global supply chain. Iran continues to strengthen its claims to control the Strait of Hormuz, while the US military has raised the local shipping threat level to "serious," indicating that global energy transportation remains highly volatile. On the other hand, Saudi Arabia's plan to expand its Red Sea oil pipeline shows that major oil-producing countries have already planned alternative transportation routes to reduce their dependence on the Strait of Hormuz. Regarding monetary policy, New York Federal Reserve President Williams stated that lower energy prices have helped improve short-term inflation, but policy remains in an appropriate position. He did not provide clear guidance on future interest rate direction, and the Fed will continue to adjust policy based on economic data. It is worth noting that the risks in the US technology sector have also increased simultaneously. Nasdaq 100 volatility has reached a two-decade high, with AI-related trading remaining highly concentrated. Some Wall Street institutions have begun using options for hedging and are gradually shifting funds towards defensive sectors such as healthcare and consumer staples, reflecting profit-taking pressure on highly valued tech stocks. In the crypto market, Bitcoin remains range-bound. Short-term market liquidity is mainly concentrated in four key liquidation zones: $62,500 and $60,000 on the downside, and $64,300 and $67,700 on the upside. With continued macroeconomic disruptions, prices may still see liquidity liquidation around highly leveraged positions, and short-term volatility is expected to remain high. The market will continue to monitor developments in the Middle East, oil prices, and global risk sentiment.
*Doj Says Millions In Iranian Oil Proceeds Laundered On BINANCE: BBG
TreeNews News, *Doj Says Millions in Iranian Oil Proceeds Laundered on BINANCE: BBG
Crude oil prices rebounded slightly, with Gate CLUSDT (WTI crude oil) and BZUSDT (Brent crude oil) contracts ranking among the top in the industry.
According to ChainCatcher, international crude oil prices have recently rebounded after fluctuations, and the energy market remains active. Data from the Gate platform shows that WTI crude oil (CLUSDT) reached a high of $72.80 in the past 24 hours, currently trading at $72.43, a 24-hour increase of 4.79%; Brent crude oil (BZUSDT) reached a high of $76.52 in the past 24 hours, currently trading at $76.13, a 24-hour increase of 4.96%. CoinGlass data shows that Gate CLUSDT contracts had a 24-hour trading volume of $8.2895 million and an open interest of approximately $8.2299 million; BZUSDT contracts had a 24-hour trading volume of $3.3371 million and an open interest of approximately $2.7695 million, both ranking among the top in the industry.
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