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Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
Qantas Launches Double Points Offer as RBA Credit Card Reforms Loom on August 26
Qantas offers double frequent flyer points or status credits through September 2, 2026, ahead of RBA reforms cutting credit card rewards. Bookings must be made by September 2 for travel through August 14, 2027.
Nikita Tszyu Faces Mahoney in IBF Title Eliminator on August 26
Nikita Tszyu (12-0) fights Ben Mahoney (17-0-1) on August 26 in an IBF super welterweight title eliminator on the Gold Coast. Winner gets a shot at IBF champion Josh Kelly.
NRL Approves Special Rule Change for Jai Arrow to Reach 100-Game Milestone on August 26
NRL approves special rule change allowing Jai Arrow to reach 100-game milestone for South Sydney despite motor neurone disease diagnosis. Arrow will play opening seconds of two final games.
Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Zcash Slides 5.5% to $783.60 After Grayscale ETF Launch Profit-Taking
ZECUSD fell 5.5% to $783.60 on August 25 following profit-taking after the Grayscale Zcash ETF launch, though the RSI at 84.77 signals extreme overbought conditions.
Mark Carney Walks Away From US Trade Deal Over French Language Protections, August 25
Mark Carney rejected a US trade deal over French language protections, triggering 50% tariffs on $20 billion in Canadian exports. Canada plans retaliatory tariffs starting September 8.
FTSE 100 Today: UK Stocks Edge Higher as Bitcoin Breaks $80,000 and Risk Appetite Returns
The FTSE 100 added 0.2% to 10,872 on Tuesday, August 25, 2026. Bitcoin surged past $80,000 for the first time since May, lifting broader risk sentiment. The FTSE 250 outpaced blue chips, climbing 0.6% to 24,862. Bitcoin’s Breakout Sets the Tone Bitcoin climbed 4.7% to around $80,700 after touching an intraday high of $81,104, its…
Gold and Silver Rally to 3-Month Highs as Dollar Weakens, August 25
Gold hits $4,635 per ounce, silver reaches $69.36 as weaker dollar and Treasury buybacks drive precious metals to 3-month highs. August rally marks best month since 1999.