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U.S. FARMERS SEEK HELP AS FERTILIZER PRICES SOAR
The Strait of Hormuz disruption is sending fertilizer costs sharply higher, straining U.S. farmers ahead of planting season.
Zippy Duvall urged President Donald Trump to:
🔸Use the U.S. Navy to secure maritime fertilizer shipments.
🔸Lift import duties on certain fertilizers, including from Morocco and Russia.
Prices are climbing fast: urea +12% to $611/ton, potash +9%, ammonia +15%, while grain futures, including soybeans, hit multi-year highs.
Oil prices are going down, and Rune (@RuneKek)'s seven-figure profit from his oil long has vanished.
But he didn't close the position.
Instead, he added to his long, placing limit long orders worth $2M, which are being filled now.


Correction on this. The 10% is @coinbase’s cut. The total cost is still 18% of gross staking.
🚨 IRAN WARNS IT’S READY FOR LONG CONFLICT
A senior Iranian official, Kamal Kharazi, told CNN that Iran is prepared for a prolonged war with the U.S. and will continue strikes on Gulf countries to pressure allies to push President Trump to step back.
Kharazi said diplomacy is off the table, with the war expected to end only through economic pain that forces other nations to intervene.
Iran’s attacks have disrupted Gulf energy trade, collapsed maritime traffic through the Strait of Hormuz, and pushed crude prices above $100 a barrel, rattling global markets.
The global financial system is being rebuilt in real time.
Women across the industry are helping shape what the next era of finance will look like.
Our CMO @RachelConlan shares her perspective 👇
Hard times show you who the real people are…
Pleasure as always to see you @aomnet 🇬🇧 from @WorldMobileTeam
God bless Dubai - United Arab Emirates 🇦🇪
HORMUZ HALT FORCES OPEC+ TO CUT OUTPUT
The near-closure of the Strait of Hormuz has forced Saudi Arabia, UAE, Bahrain, Iraq, and Kuwait to cut crude production, taking roughly 6.2–6.9mn b/d offline due to storage limits and blocked exports.
🔸Saudi Arabia shut offshore fields (Safaniya, Marjan, Zuluf, Abu Safa), cutting 2–2.5mn b/d; using Yanbu and the East-West pipeline as alternatives.
🔸Iraq cut output from 4.42mn b/d in February to 1.2–1.3mn b/d, redirecting crude to domestic refineries; northern pipeline to Turkey also closed.
🔸Kuwait reduced production from 2.59mn b/d to around 2mn, may drop to 1.5mn b/d; refineries operating at ~50% capacity.
🔸UAE lowered production to 2.7–3mn b/d, partially diverting crude via Adcop pipeline (1.7–1.8mn b/d) and domestic refining.
🔸Bahrain declared force majeure after refinery attack.
The disruptions have pushed Brent crude above $100/bbl, reflecting the loss of major Middle East Gulf supply.























































