US-Iran Deal Sends Gas Prices Below $4, Signals Broader Economic Shift

Bank of Russia Cuts Key Rate to 14% as Wartime Inflation Eases

Inflation Projections Climb to 3.3% as Price Pressures Persist

Oil Drops Below $80 as US-Iran Deal Reshapes Crypto Sentiment

Falling Oil Prices Seen as Tailwind for Equity Markets

Oil Prices Slide as U.S. and Iran Reach Peace Deal Framework

Fed Faces Historical Hurdles in Pursuit of Full Monetary Sovereignty

Oil Price Surge Pressures Companies, Fuels Inflation Worries

Bitcoin

The hospitality industry is a bellwether for discretionary spending; its struggles amplify recession fears already priced into risk assets. A potential VAT cut would be a targeted fiscal measure, but its absence could accelerate business closures and job losses, further depressing economic sentiment. For crypto, this reinforces the macro headwind of a slowing UK economy, though direct correlation is weak.

Top UK chefs called for a 10% VAT cut for pubs and restaurants to ease mounting pressure on the hospitality industry.

UK Chefs' VAT Cut Plea Flags Economic Strain That Could Strengthen Bitcoin's Case

UK Chefs' VAT Plea Signals Broader Economic Weakness That Could Force Central Bank Pivot, Boosting Bitcoin as Inflation Hedge

Eurozone Firms Raise Cost Expectations After US-Iran War, ECB Survey Shows

Oil Surge on Iran Tensions Sets Wall Street for Lower Open

Copper Nears Record High as Supply Crunch Overrides Recession Fears

US-Israel Conflict With Iran Disrupts Oil Markets, Turkey Raises Inflation Forecast

Poland Holds Interest Rates Steady as Iran Conflict Adds to Inflation Pressures

Australia Raises Interest Rates as Global Central Banks Move Toward Easing