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Asian fuel oil prices surge as Venezuelan crude shifts to US

Fuel oil prices in Asia have spiked to their highest levels in eight months, driven by traders' expectations of a major redirection of Venezuelan heavy crude toward American refineries. The premium on high-sulfur fuel oil (HSFO) 380-cst for the nearest month surged above $27 per barrel on January......

Rubio to meet Danish officials as markets bet on Trump Greenland takeover

President Donald Trump's intensifying campaign to acquire Greenland has sparked a frenzy on crypto-based prediction markets, with traders wagering millions on whether his administration will bring the Arctic territory under U.S. control. Polymarket odds showed a 15 percent probability of Trump securing......

BlackRock pumps $1.24 billion into crypto amid market outflows

BlackRock, the world's largest asset manager, kicked off 2026 with massive cryptocurrency purchases, scooping up about $1.24 billion in Bitcoin and Ethereum through its spot exchange-traded funds during the year's first three trading days. These buys signal a pivotal shift after two straight......

Markets shrug off Venezuela intervention despite oil transfer

Financial markets have shown a surprisingly muted response to the U.S. military intervention in Venezuela and President Donald Trump's announcement that the country will transfer up to 50 million barrels of oil under American control. Some analysts warn investors may be underestimating the geopolitical......

Burry warns markets underestimate Venezuela raid's global impact

Investor Michael Burry, famed for foreseeing the 2008 financial crisis, argues that financial markets are dramatically underplaying the ramifications of the United States' bold military operation in Venezuela. He contends that the muted response in oil prices and stock movements conceals a seismic......

Global stock markets hit record highs across all continents

Stock markets around the world reached unprecedented levels on Tuesday 6 January 2026 as investors brushed aside geopolitical turbulence from a recent US military operation in Venezuela and extended a strong start to the year across multiple continents. The rally reflected broad based optimism about......

Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......

Maduro pleads not guilty after deadly US raid in Venezuela

Nicolás Maduro has pleaded not guilty to narcoterrorism charges in a federal court in Manhattan after a United States special forces raid in Venezuela left at least 80 people dead and triggered widespread international condemnation. The Venezuelan president, captured along with his wife Cilia......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......