BRICS, now with Saudi Arabia, controls 50% of global oil production, challenging the U.S. at 2.1%. De-dollarization risks and geopolitical tensions impact oil markets, creating uncertainty.
Huang BoThe India-UAE oil trade in rupees signifies a major shift from dollar dominance, reflecting the BRICS nations' commitment to alternative trade currencies and the rising influence of emerging economies in global finance.
KikyoThe Cardano Foundation recently announced a strategic partnership with Petrobras, Brazil's leading state-owned oil company. The collaboration focuses on providing blockchain education and exploring technology applications within the energy sector.
JoyThis surge in network activity resulted in a spike in transaction costs, soaring to over 7,000 Gwei (up from 100 Gwei the previous day) before stabilising around at the lowest point at 400 Gwei, according to Polygonscan.
DavinFTX and banking sector collapses show the need for stronger consumer protection, governance norms, the agency said.
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