Oil prices drop as crude flows resume through Strait of Hormuz
Brent crude futures fell $1.09, or 1.4%, to $76.81 a barrel, while U.S. West Texas Intermediate crude declined 87 cents, or 1.2%, to $72.99 a barrel as of 0607 GMT.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Brent crude futures fell $1.09, or 1.4%, to $76.81 a barrel, while U.S. West Texas Intermediate crude declined 87 cents, or 1.2%, to $72.99 a barrel as of 0607 GMT.
GoMining launched a software development kit and application programming interfaces for its GoBTC Pay platform.
IGO (ASX:IGO) has appointed its current finance general manager, Ian Rowe, as the interim CFO, effective immediately.
Binance announced new transfer verification requirements for Indian users, requiring additional sender and recipient information for crypto deposits and withdrawals from June 22, 2026.
Robinhood Markets added spot trading for GRAM, enabling users to buy, sell and hold the cryptocurrency directly through its retail trading platform.
Cryptocurrency exchange OKX and Intercontinental Exchange announced a proposed joint venture that will be co-chaired by former New York Governor Andrew Cuomo and focused on digital asset infrastructure.
Binance accounts for roughly 1% of its spot trading volume in euro-denominated pairs, according to data cited by CryptoQuant as the exchange navigates uncertainty around its European regulatory status.
Iluka Resources (ASX:ILU) secured its first rare earths customer via a US$155 million binding offtake agreement.
Bitmine purchased 52,203 Ethereum (CRYPTO:ETH) worth about US$90 million, increasing its holdings to 4.7% of Ethereum's total supply and moving closer to its 5% ownership target.
Arrowhead Pharmaceuticals (NASDAQ:ARWR) announced today that the European Commission has granted marketing authorization for REDEMPLO (plozasiran) as an adjunct to diet for treating adults with familial chylomicronemia syndrome (FCS).