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Oil Tumbles as Trump Eases Iran Threats

Oil fell sharply on Monday, again posting one of the biggest price swings on record, after US President Donald Trump said he was holding off on striking Iranian power plants and was negotiating a potential end to the war. Brent and West Texas Intermediate both tumbled more than 14% before clawing back some losses, with the global benchmark closing below $100 for the first time in almost two weeks. Trump's announcement on Truth Social kicked off a dramatic trading session, with the US president backing off a threat of hitting Iranian infrastructure. Iran, for its part, repeatedly denied it was negotiating with the US to end the conflict. Bloomberg News Managing Editor for Energy and Commodities Americas Simon Casey joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

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Oil Tumbles as Trump Eases Iran Threats

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Grafa

What’s behind the panic-buying of gold?

In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold. 

The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety. 

When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.

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Grafa

Surprise! Lithium gets a recharge

Well, pull out the party hats and dust off the stock tickers. 

Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.

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Surprise! Lithium gets a recharge
Grafa

Billionaire bears take a swipe at Tesla

The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk. 

This persistent "Musk Premium" has burned countless short-sellers. 

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Billionaire bears take a swipe at Tesla
Grafa

Can Bitcoin bring down the global financial system?

Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.

With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.

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Can Bitcoin bring down the global financial system?

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