A refinery in India (Vadinar, Nayara ~400k bpd) has reportedly been running mostly on Russian crude since other suppliers cut back after sanctions.
Because Rosneft owns 49% of the refinery, Russian-linked oil is being refined in India and some of that refined fuel has reportedly been shipped back to Russia via traders.
India says its companies aren’t directly selling to Russia, with intermediaries handling the trade.
A clear example of how global energy flows adapt around sanctions.
🇮🇷 The largest funeral in Iran's history has begun, with mourners walking miles on foot to bury the leader whose killing started the war.
Thousands poured into Tehran's Grand Mosalla complex before ceremonies even officially opened, per AFP, filling the vast main courtyard as authorities locked down traffic across the capital.
Video showed crowds waiting for metro stations to open just to reach the site, with more than 10 MILLION people and representatives from over 100 countries expected in Tehran across the six-day farewell.
The scale is the message.
Ayatollah Ali Khamenei was killed alongside family members in the war's opening strikes on February 28, and Iran is burying him in front of the world as proof the regime his death was meant to topple is still standing.
A hundred countries sending delegations to Tehran, four months after Washington and Israel tried to decapitate it, is exactly the image Iran's leadership wants broadcast.
Pakistan signed a deal with Trump's World Liberty Financial to explore using its USD1 stablecoin for payments.
But months later, there has been no pilot program, no rollout, and no USD1 transactions.
The real benefit wasn't the crypto project. Instead, the partnership gave Pakistan direct access to the White House and helped strengthen ties with the Trump administration.
Breaking: 🇺🇸 BlackRock's Bitcoin ETF has offloaded $40.43 million worth of Bitcoin, marking a notable institutional transaction. While the move has attracted market attention, its significance will depend on whether it reflects routine fund rebalancing or a broader shift in investor sentiment.
BIG NEWS 💥 🇺🇸 Donald Trump highlighted the growing importance of the cryptocurrency industry, calling it "a big deal." He stated that the United States should aim to lead every major sector and emphasized that the country is currently at the forefront of the crypto space. "Anything we do, I want us to be number one. And we're number one in crypto," Trump said.
Today's FIFA World Cup Round of 32 could set up one of the tournament's biggest clashes.
✅ Spain vs Austria ✅ Portugal vs Croatia
If Spain and Portugal both win today, they'll meet in the Round of 16—a blockbuster showdown featuring stars like Lamine Yamal and Cristiano Ronaldo.
Spain enter as favorites, while Portugal face a much tougher test against an experienced Croatia side. The biggest question: Can Portugal raise their level after an inconsistent group stage?
Prediction: Spain are more likely to advance, while Portugal vs Croatia looks like a 50-50 battle that could go the distance.
🔥 Would you back a Spain 🇪🇸 vs Portugal 🇵🇹 Round of 16 clash? Drop your prediction below! ⚽🌍
🚀 Bitcoin is back above $61K 🔥 Ethereum has reclaimed $1.6K The market is showing signs of life. A summer rally could be underway before a potential Sept–Oct shakeout. Stay sharp. Volatility creates opportunities. 📈 $BITCOIN $BTC $ETH
Bitcoin ETF Outflows Hit $8.475B: Why the Market Isn't Telling the Whole Story
Since May 6, Bitcoin ($BTC) spot ETFs have recorded approximately $8.475 billion in net outflows, raising concerns among many investors about the market's direction. At first glance, these numbers may appear alarming, but a deeper look at the data suggests a different story. Is This Panic Selling? Not necessarily. What we're witnessing is more consistent with market capitulation than widespread panic. Capitulation occurs when weaker investors, exhausted by prolonged price volatility or fearful of further declines, decide to sell their holdings. Historically, this phase often marks the final stage of a market correction before stronger hands begin accumulating assets. Santiment Data Points to Weak Hands Exiting According to on-chain analytics from Santiment, current market behavior indicates that short-term and less-convicted holders are leaving the market, while long-term investors continue to maintain their positions. This transfer of Bitcoin from weak hands to stronger, more patient investors has frequently been observed near significant market bottoms. Rather than signaling the start of a deeper collapse, this type of selling pressure often helps reset market sentiment and creates healthier conditions for the next phase of the cycle. Why ETF Flows Matter ETF inflows and outflows provide valuable insight into institutional and retail investor sentiment. While sustained outflows can weigh on price action in the short term, they don't always reflect the broader health of the Bitcoin network or its long-term outlook. Smart investors focus on the bigger picture instead of reacting to daily headlines or short-term volatility. The Bigger Picture Markets rarely bottom when everyone feels optimistic. Instead, they often reach local lows when fear is widespread and weaker participants have already exited. If the current trend truly reflects capitulation, it could indicate that the market is approaching a local bottom, rather than entering a prolonged decline. Key Takeaway The recent $8.475 billion in Bitcoin ETF outflows shouldn't automatically be interpreted as a bearish signal. Instead, they may represent a natural market reset where weak hands are exiting and stronger investors are preparing for the next move. Watch the capital flows. Ignore the noise. The market often presents its biggest opportunities when sentiment is at its weakest. If you'd like, I can also rewrite this in a more crypto Twitter (X) viral, news-style, or professional market analysis tone. #Binance1B$inStocks #USADP98KMiss #MORPHORisesOver12% #BrentCrudeSlidesAbout40%FromMarchPeak #USTreasuryNamesTrumpAccountETFLineup