

The BreakdownHow Sky is evolving the decentralized stablecoin model with USDS, multi-chain deployment, and the governance token SKY.
The exchange cited rising compliance costs and market downturn as founder Yang Haipo rejected a sale and chose orderly wind-down with full asset backing.
The DeFi protocol suspended all NUSD functions on legal advice after circumstances affected its $53.6 million synthetic dollar reserves, blocking approved counterparties from exchanging tokens.
Houthi attacks on Saudi oil infrastructure tighten crude supply and lift energy equities; integrated majors and exploration companies positioned to benefit through year-end.
Macro & RatesBrent crude jumped 3% to $107 on Middle East supply disruptions, forcing bond traders to reprice terminal rate expectations and duration risk.
The closure of Saudi Arabia's 7 million barrel-per-day East-West pipeline after attacks has sent Brent crude toward $108, disrupting a key alternative to the Strait of Hormuz amid escalating U.S.-Iran conflict.
“Saudi Arabia shut its East-West crude pipeline following attacks Thursday, marking a critical disruption to one of the world's most strategically important oil routes. The 7 million barrel-per-day pip”
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