NEW: Open interest in Hyperliquid's oil perpetual contracts hits an all-time high as crypto traders increasingly rotate into commodity-linked products, Bloomberg reports.

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NEW: KUWAIT CUTS OIL PRODUCTION AMID STORAGE CRISIS Kuwait has begun cutting oil production as storage tanks approach capacity, according to The Wall Street Journal (@WSJ). The move comes as fallout from the conflict involving Iran spreads across the region. Officials say

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LATEST: US INTEL DOUBTS WAR WOULD OUST IRAN REGIME A classified U.S. intelligence assessment says military action would likely fail to remove Iran’s ruling establishment, according to The Washington Post. The report was prepared by the National Intelligence Council.

LATEST: TRUMP CALLS FOR SENATE TO PRIORITIZE SAVE AMERICA ACT Donald Trump (@realDonaldTrump) says the United States Senate should prioritize the SAVE AMERICA Act. In a public statement, Trump said the Senate should focus on the bill “exclusively if necessary.” He argued the

Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stablecoin craze