BP is involved in Venezuelan oil trade, challenging Trafigura and Vitol.

The Dow Jones closed down 0.22%, the Nasdaq fell 1.33%, and the S&P 500 dropped 0.69%. Among the actively traded stocks, Micron Technology fell 7.02%, SanDisk dropped 9.01%, Nvidia declined 2.34%, while Apple rose 1.45%.

New York gold futures prices have fallen below the $4,390 per ounce mark, with the current intraday decline reaching 1.88%. As a safe-haven asset, gold has experienced notable price fluctuations recently. This intraday drop has been influenced by multiple factors, including the movement of the US Dollar Index, market expectations for Federal Reserve monetary policy, and shifting sentiment toward global risk assets. The future performance of the precious metals market will continue to depend on

The U.S. Securities and Exchange Commission (SEC) has proposed exempting certain digital asset issuances from having to file securities registration statements, with exemption thresholds set at up to $5 million and up to $75 million. The proposal imposes requirements on issuers, including submitting financial statements and meeting ongoing disclosure obligations. It also introduces a safe harbor provision to exclude such assets from the definition of “investment contract” under securities law.

The Syrian oil company announced that a natural gas pipeline at the Jebsa gas plant exploded, forcing a halt to gas transmission through the pipeline.