Experts warn that rapid drawdowns of the U.S. Strategic Petroleum Reserve amid the Iran war risk damaging underground salt caverns in Louisiana and Texas as inventories drop below 300 million barrels for the first time in decades.
The Government Accountability Office (GAO) has warned that the US Strategic Petroleum Reserve (SPR) is increasingly at risk of failing to respond to future energy crises due to its aging infrastructure and record-low crude oil inventories, with withdrawal and refill capabilities significantly diminished.
Le drawdown, mesure de la baisse maximale d'un actif, est essentiel en gestion du risque. Il illustre qu'un gain de +100% ne compense pas toujours une perte de -50%, soulignant l'importance de limiter les baisses pour préserver la valeur composée d'un portefeuille.
Analysts suggest the US Federal Reserve might intervene to support the $75 trillion equity market during a bear market, potentially increasing liquidity that could benefit cryptocurrencies. Historically, Fed intervention has led to crypto uptrends as risk appetite returns.
India's state-owned oil refiners Indian Oil Corp and Hindustan Petroleum Corp purchased approximately 7 million barrels of crude oil last week. This comes as the country's crude inventories have recovered significantly after disruptions.
Four long-dormant Ethereum wallets sold 33,623 ETH (~$52.5M) at ~$1,560, testing buyer conviction amid ETH's weakness. The sale highlights old supply absorption challenges, compounded by ETF outflows and rival layer-1 activity, despite Ethereum's deep on-chain base.
The crypto market experienced a significant drawdown in 2026, with Bitcoin and Ethereum seeing substantial losses. On-chain data reveals a sharp decline in profitability for major cryptocurrencies, indicating widespread capitulation and a shift towards fundamental value over speculative narratives.
Baltic nations Estonia and Lithuania are closely monitoring US troop rotations as the Pentagon plans to reduce its forces in Europe to 2021 levels. Officials in both countries report uncertainty regarding the timing and scale of future US troop deployments, with Lithuania anticipating a potential gap in its forces.
A scientist argues that natural forest restoration is the "best" climate change solution, not just for carbon drawdown but for improving human livelihoods. Unlike technological fixes with trade-offs, nature-based solutions harness feedback loops for sustainable recovery, benefiting both the environment and local communities.
Donald Trump announced the deployment of 5,000 additional US troops to Poland, citing support for President Karol Nawrocki. This follows a canceled troop rotation and troop withdrawals from Germany amid tensions with Berlin over the US-Israeli war against Iran.
NATO Sec Gen Mark Rutte downplayed fears over US troop withdrawals, stating they are 'rotational forces' and won't harm defense readiness. He noted US pivot to Asia is expected and tied to European defense spending increases.
NATO's top military officer, Lt. Gen. Alex Grynkewich, stated that no further US troop drawdowns from Europe are expected soon beyond the 5,000 announced by President Trump. The move, which blindsided NATO, involves canceling deployments to Poland and Germany.
Crypto analysts are split on whether Bitcoin will experience a May sell-off, a pattern seen in previous mid-term election years. While some predict a crash to $33,000, others cite market structural changes and key support levels holding.
PFRDA introduces new Retirement Income Schemes (RIS) and drawdown options for NPS subscribers, aiming to provide predictable cashflow and extend retirement fund longevity. These changes allow periodic payouts from the lump sum corpus while maintaining mandatory annuity requirements.
The current Bitcoin bear market drawdown is far smaller than previous bear markets, as steady ETF inflows and corporate Bitcoin buying continue to absorb selling pressure.
Bitcoin is down 35% from its all-time high, making this drawdown shallower than past cycles, but analysts warn the bear market could resume.
When US President Donald Trump announced that 5,000 US troops would leave Germany, the immediate reading in Western capitals was political: another round in Trump’s running quarrel with European allies, triggered by German Chancellor Friedrich Merz’s criticism of Washington’s handling of the war with Iran. For Beijing, the more interesting reading is structural. The drawdown coincides with a period in which Foreign Minister Wang Yi has spent much of 2026 cultivating a “partners not rivals”...
Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter. […] The post Strategy to “sell some Bitcoin” after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain appeared first on CryptoSlate.
Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter. […] The post Strategy posts $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain appeared first on CryptoSlate.
German Chancellor Friedrich Merz acknowledged he must accept that US President Donald Trump holds different views but stressed there is no connection between their recent rift and Washington's announcement to reduce US troops in Germany by 5,000 soldiers. Merz had questioned whether Trump had an exit plan for the Middle East and said the US was being embarrassed in Iran talks, prompting Trump to call him ineffectual.
German Chancellor Friedrich Merz acknowledged he must accept that US President Donald Trump does not share his opinions on Iran and Middle East policy, but stressed there was no connection between their diplomatic rift and Washington's announcement that it would reduce its military presence in Germany by 5,000 soldiers. Merz had questioned whether Trump had an exit plan for the Middle East and said the US was being embarrassed in Iran talks, prompting Trump to call him an ineffectual leader. Merz repeated his commitment to the transatlantic NATO alliance.
US announces withdrawal of roughly 5,000 troops from Germany over next year, drawing criticism from NATO allies and Republican lawmakers who warn it risks undermining deterrence and sending wrong signal to Putin. Polish PM Tusk says transatlantic alliance risks disintegrating.
A planned drawdown of US troops from Germany should spur Europeans to strengthen its own defences further, German Defence Minister Boris Pistorius said on Saturday, following the latest salvo from Washington against transatlantic ties. The Pentagon announced on Friday that the United States would withdraw 5,000 soldiers from Germany, its largest European base, as a rift over the Iran war and tariff tensions place further strain on relations between the US and Europe. Pistorius said the move was...
The drawdown, which comes after the country’s leader sparred with President Donald Trump over the Iran war, leaves about 33,000 troops there.
