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Amid the rising oil prices as the Iran conflict continues to escalate, the Trump administration is considering the idea of suspending a key maritime law that requires American ships be used to transport between US ports.“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of…
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NEW DELHI: Prime Minister Narendra Modi on Thursday played down the energy crisis in the country triggered by the ongoing conflict between thejoint forces of United States and Israel with Iran. While addressing the NXT Summit, the Prime Minister indirectly targeted those who are “trying to create panic” and claimed that, by doing so, they…
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As oil surges past $100 amid escalating Middle East tensions, the question for the Bitcoin network and miners is not whether their power bills will rise, but whether Bitcoin’s price will fall. According to research from bitcoin mining software and services company Luxor’s Hashrate Index, the direct effect of oil price shocks on mining costs…
