Many new oil projects aren't going to be greenlit unless prices stay consistently high for several months, with production not being realized until 2027 or later.
This is abject bullshit from the administration in yet another blatant attempt to artificially suppress oil prices.

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Last June, Circle went public at $31 per share. Two weeks later, the stock price reached $299. Then, it plummeted back to $50, a drop of over 80%. Then, after its earnings report in February, the price doubled in two weeks, reaching $111 today.

[GENIUS Act] During the same period of doubling, Bitcoin fell by 40%. Circle's stock price lost its connection with the crypto market.

"You are seeing that kind of decoupling."

The drop to $50 is not difficult to understand within the crypto community.

In September and October 2025, the Federal Reserve will...

Circle doubled in a month. What is the market betting on?

Podcast: David Lin
Compiled & edited by: Yuliya, PANews
Original title: Economists warn: Stock market bubbles are more fragile than a repeat of the oil crisis 50 years ago.
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With the Strait of Hormuz, a vital waterway, strangled, oil prices have surged, and the world is trembling, waiting for a repeat of the "Great Depression of 1979."
Don't be fooled by appearances! Johns Hopkins University professor Steve Hanke...

Before the oil shock even arrives, a stock market bubble is already looming.

Original author: Castle Labs
Original translation by AididiaoJP, Foresight News
$69 trillion – this is the estimated market capitalization of the US stock market, which has driven the total market capitalization of the global stock market to $130 trillion.
Opportunities to participate in the stock market are increasingly coming into the view of native on-chain participants, even though they were initially uninterested. The reasons are varied, but the general consensus is that cryptocurrencies were once perceived as offering faster returns. However, a growing number of investors are choosing to diversify their investments. The Wall Street Journal highlights this...