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Bessent on BTC Reserve: The US Will Not Buy Crypto, Actively Using Confiscated Assets

Bessent: The US Will Not Purchase BTC, Reserve Will be Formed from Confiscated Assets Bessent stated that the US does not plan to purchase cryptocurrency to form a strategic BTC reserve, but will instead use already confiscated digital assets. He emphasized that the sale of BTC is not planned . He also noted that he doubts the possibility of revaluing the country's gold reserves to finance the BTC reserve, emphasizing that gold will remain a key reserve asset for the US. Previously, Trump's executive...

Energy Market News August 28, 2025 — Oil Product Market, Oil and Gas Prices, Global Energy

... stagnation. Concurrently, China is increasing its domestic production of oil and gas, striving to reduce its reliance on external supplies. Despite record investments in renewable energy, the country is still relying on traditional sources to meet the basic ... ... conditions. However, the long-term prospects for the coal industry remain limited: an increasing number of countries are adopting strategies to reduce coal usage for climate goals. Nonetheless, in the short term, steady demand in Asia will continue to support ...

Russia has restricted the export of enriched uranium to the US: what this means for both countries and possible consequences

... their own uranium enrichment and reprocessing capacity, thereby reducing their dependence on imports. Politicization of Uranium Supplies. The uranium situation once again highlights the role of energy resources in geopolitics. If Russia begins to use uranium ... ... response to sanctions pressure, and for the United States, it is a challenge that requires adaptation and the search for new strategies in the field of nuclear energy. On a global scale, the situation highlights the vulnerability of international nuclear ...

Energy Sector News - Sunday, August 17, 2025: Hopes for Easing Sanction Standoff; Stability in Oil and Gas Markets

... that in the coming years, the country will import at least 70% of its consumed oil and around 40% of its gas. Thus, India and China – the two largest Asian consumers – will continue to play a crucial role in global raw material markets, combining strategies for securing foreign supplies with the development of their own resource bases. Energy Transition: Growth of Renewable Energy and the Role of Traditional Generation The global transition to clean energy is rapidly gaining momentum. Many countries are setting new records for ...

Chinese Oil Purchases from Iran: Hidden Operations and Their Consequences for Russia

... does this create for the market and how does it affect Russia? Find out in our analysis. Chinese Purchases of Iranian Oil: Covert Operations and Their Consequences for Russia Despite international sanctions and official statements about halting oil supplies from Iran to China, the Middle Kingdom continues to import crude oil using complex circumvention schemes. These actions have a significant impact on the global oil market, creating challenges for other major exporters, including Russia. How the ...