
Oil hits $115-plus as Iran conflict rattles supply chains
Oil prices jumped above $115 a barrel as the Iran conflict impeded production and shipping, signaling tighter global supplies amid geopolitical tension and energy-market volatility.
All articles tagged with #price spike

Oil prices jumped above $115 a barrel as the Iran conflict impeded production and shipping, signaling tighter global supplies amid geopolitical tension and energy-market volatility.

As the TMNT crossover becomes playable, the card Cool but Rude spikes to about $22 due to a newly discovered Necrodominance-based combo, with early presales high and limited supply ahead of the official release—hinting at further price movement before more copies enter the market.

The Tiller Engine card has experienced a significant price increase following the reveal of the Edge of Eternities Commander precon, driven by its synergy with tapped lands and the deck's focus on land recursion, with current prices reaching around $27 due to high demand and low supply.

The release of Murders at Karlov Manor has caused a game-breaking change in the Modern format, with Leyline of the Guildpact and Scion of Draco seeing massive price increases of 450% and becoming dominant in Regional Championship performances. The combo of Leyline of the Guildpact and Scion of Draco has revolutionized the Modern format, leading to significant price spikes for both cards. However, the long-term stability of these price increases remains uncertain as players adapt to the new strategy, and the potential rise of Living End could impact the dominance of this combo.

The price spike for the Magic: The Gathering card Lorien Revealed, which was previously seen in Europe, has now hit the U.S. market, with the card's price increasing by 1900%. The card's popularity in Modern and the upcoming Lord of the Rings Pro Tour have contributed to its surge in value. Additionally, the cards Void Winnower and Palantir of Orthanc have also experienced price spikes due to their usefulness in certain decks.

Traders betting against Bitcoin Cash (BCH) lost over $25 million as prices spiked to $320, marking the highest loss in over two years. Negative funding rates indicate that short traders are dominant and willing to pay long traders to remain in their positions. Increased BCH trading volumes on South Korean exchanges and the launch of EDX Markets, backed by traditional finance heavyweights, may have contributed to the price surge. Large liquidations can signal the local top or bottom of a steep price move.