US President Donald Trump told the Financial Times he wants to 'take the oil' in Iran and could seize Kharg Island 'easily,' raising the prospect of US forces capturing Iran's main oil export hub. The comments came as 2,500 US Marines arrived in the region and oil prices surged above $115 per barrel.
Stablecoin issuer Tether has hired Big Four accounting firm KPMG to conduct its first full independent audit of USDT reserves and brought in PwC to prepare internal systems, according to the Financial Times. The move comes as Tether pursues regulatory approval under the GENIUS Act and eyes a multibillion-dollar equity raise.
European intelligence agencies report Russia is in final stages of completing phased shipment of drones, medicine and food to Iran amid ongoing conflict. The Kremlin has denied the Financial Times report as 'lies.'
