🚨 BREAKING: THE IEA JUST PROPOSED A RECORD BREAKING OIL RELEASE.
Oil prices have surged 60 percent since December. In response, the IEA held an emergency meeting today to deploy the largest crude intervention in market history.
The core data:
- Officials are pushing to unleash 300 million to 400 million barrels.
- This target easily exceeds the 2022 record of 182 million barrels.
- Member nations currently sit on 1.2 billion barrels of emergency reserves.
A final decision is expected on Wednesday.
The vote must be unanimous. A single veto will stall the release.
The global energy market is about to face a massive supply test.
🚨 BREAKING: The Federal Reserve balance sheet has reached $6.63 trillion.
Key liquidity developments:
• The Fed added $42 billion in February • Total assets are up $93 billion since December • Treasury bill holdings hit a record $344 billion • The Fed is buying $40 billion in T-bills per month until mid-April • Mortgage-backed securities declined by $13 billion
The data suggests liquidity is expanding again, with the Fed increasing short-term Treasury purchases while allowing mortgage assets to continue rolling off.
🚨 BREAKING: 🇰🇵 North Korea has condemned the U.S.–Israeli attacks on Iran, calling them an “illegal act of aggression” and a violation of Iran’s sovereignty, according to state media.
Pyongyang said the military operations show the “hegemonic and gangster-like conduct” of the United States and Israel and warned that such actions undermine regional stability and international law.
S. Korea’s Gwangju District Prosecutors’ Office sold 320.8 BTC for about $21.5M and transferred the proceeds to the national treasury, as per to local media reports.
🚨 BREAKING: 🇺🇦🇮🇷 Ukraine claims the Middle East used around 800 Patriot missiles in just three days to defend against Iranian missile and drone attacks.
The figure highlights the massive scale of air defense operations during the recent escalation across the region.
🚨 BREAKING: Forbes’ latest billionaires ranking shows Binance founder CZ entering the global top 20 at #17, placing him ahead of Bill Gates and Michael Bloomberg.
The ranking highlights the massive wealth created in the crypto industry, with CZ becoming one of the richest figures in global finance and tech.
🚨 BREAKING: 🇷🇺 Dmitry Medvedev has called the U.S.–Israeli attack on Iran a “vile and unprovoked act of armed aggression.”
Russian officials say the strikes violate international law and the sovereignty of a UN member state, warning the conflict could push the Middle East toward wider instability and escalation.
Moscow has repeatedly urged an immediate halt to hostilities and a return to diplomacy amid the rapidly intensifying war.
🚨 BREAKING: Bank of America says if oil prices remain elevated, the Federal Reserve may be forced to cut interest rates.
Analysts warn that persistently high energy costs could slow economic growth and pressure consumers, pushing the Fed toward easing monetary policy to support the economy.
🚨 BREAKING: 🇺🇸🇮🇱 The United States has asked Israel to stop airstrikes on Iran’s energy infrastructure, according to Axios.
Washington reportedly delivered the message at a senior political level to Israeli officials, urging restraint on attacks targeting oil and fuel facilities.
U.S. officials are said to be concerned that hitting Iran’s energy sector could:
Spike global oil prices
Harm Iranian civilians
Trigger large retaliatory attacks on energy infrastructure across the Gulf
The request marks a rare point of tension between the U.S. and Israel during the ongoing war with Iran, even as both countries continue broader military operations against Iranian targets.