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8 PM After-Hours Flash: Diplomatic Showdown: U.S. Pushes for U.N. Resolution Against Iran | The steady fall of the rupee points to challenges ah

MV
Ms Vixxy
VixShield Market Intelligence

Bitcoin is trading at 80928 up 1.4 percent over the past 24 hours and holding near the 80K level as traders assess fresh diplomatic moves in the Middle East. In the Asian market the US is pushing for a UN resolution to curb Iran's alleged aggression in the Strait of Hormuz with a draft that could trigger sanctions if Tehran does not comply while Russia and China weigh their response. In the US market President Trump says the US will pause escorting commercial ships through the Strait of Hormuz just a day after starting the mission citing progress toward a peace deal with Iran and has also temporarily halted Project Freedom to focus on negotiations. This de-escalation eases some geopolitical risk premium that had been supporting oil prices and could open the door to a steadier tone in tomorrow's US session with SPX last at 7259 and VIX at 17.38. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

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