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23:12
Key Overnight Developments on March 21
21:00-7:00 Keywords: Interest Rate Hike, Strategy, Clarity Act, Grayscale 1. Traders estimate a 50% probability of a Federal Reserve interest rate hike by October. 2. a16z Co-founder: The combination of OpenClaw and Pi Coding Agent is one of the top ten software breakthroughs in history. 3. Strategy CEO: If Morgan Stanley allocates 2% of its Assets Under Management to BTC, it could bring in $160 billion in potential buying pressure. 4. The three major US stock indices collectively closed lower. 5. Grayscale submitted the initial S-1 filing for the Grayscale HYPE ETF to the US SEC. 6. Trump stated he is considering a gradual de-escalation of military actions against Iran. 7. US Senators reach a principled compromise on stablecoin yields, with progress made on the 'Clarity Act'.
22:54
Iraq Declares Force Majeure on All Foreign Oil Fields
On March 21, according to Reuters, sources from the Iraqi Ministry of Oil stated that Iraq has declared force majeure on all oil fields developed by foreign oil companies. This decision comes as military operations in the region have led to disruptions in shipping through the Strait of Hormuz, preventing the export of a significant portion of the country's crude oil.
22:35
The U.S. Department of Energy recently released the list of companies eligible for Strategic Petroleum Reserve (SPR) loans.
This list covers several international energy giants, including BP, the US branch of Swiss trader Gunvor, SHELL PLC, and Marathon Petroleum. The loan program aims to provide financial support to companies participating in the operation of national strategic petroleum reserves.
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