Aldaron

BREAKING: For the first time since the Iran war began, JPMorgan says it no longer has a baseline view on oil, writing "we simply don't know how to model the endgame," and that the assumption that the Middle East disruptions are temporary is "becoming increasingly difficult to sustain," per JPMorgan Global Research. The bank says it had assumed there were economic red lines the Trump administration would be unwilling to cross, and that six months later "many of those lines have been crossed, yet the exit strategy is less clear, not more." Chevron's CEO said this week the Great fuel crisis has officially arrived, as Trump officials continue to claim the disruption temporary.

Dear CoinEx Community, Today, I am announcing that CoinEx will cease operations and begin an orderly wind-down. First, what matters most: your assets are safe. CoinEx’s reserve ratio exceeds 100%, and every user asset is fully backed and available for withdrawal. Withdrawals are open starting today and will remain open until December 22, 2026. Certain tokens may take slightly longer to process while funds are moved between cold and hot wallets, but every withdrawal request within the withdrawal period will be honored and processed. CoinEx officially went live on December 22, 2017. Exactly nine years later, on December 22, 2026, the platform will be formally closed. Nine years is a long time in crypto. Together, we lived through multiple bull and bear cycles, witnessed the rise and fall of countless projects, and watched many of our peers leave the market in one form or another. After much reflection, I have come to accept a hard truth. CoinEx did not become one of the industry’s leading exchanges, and the security and compliance risks of running a crypto exchange have become increasingly difficult to contain. Revenues can decline, responsibility does not. Carrying unlimited risk for limited revenue is no longer a rational choice. That said, CoinEx has survived nine years in one of the most volatile and unforgiving industries, weathered every storm, and is leaving intact, and with dignity. We may not have won the race, but we are finishing with honor. On CET: CoinEx will buy back CET at its initial listing price of 0.005 USDT per token, with no cap on quantity. To every CET holder who has supported us over the years, thank you. CET represents your belief in CoinEx and, for many of you, your belief in me personally. I am sorry that we were not able to create the long-term value we once hoped CET would deliver. The least we can do now is bring that chapter to a responsible conclusion. I did seriously consider selling CoinEx. Ultimately, I decided against it. Users entrusted their assets to CoinEx because they trusted the platform and, in many cases, trusted me personally. I did not feel that handing the platform and that trust to a new owner was the right way to end this journey. A clean ending is the right ending. Nine years, millions of users. I did not turn CoinEx into the “great” exchange I once hoped it would become. But I can give it a decent ending: making sure users can withdraw their assets in full, giving my employees a dignified farewell, and providing CET holders with a clear and responsible conclusion. This is the best ending I can give CoinEx. To everyone who traded with us, built with us, and stood by us through the hardest days of this market, thank you. It has been a privilege to walk this road with you. To the CoinEx team, thank you for building this platform with me, for carrying it across every cycle, and now for seeing it through to the very last day. For detailed arrangements, please refer to the official announcement: coinex.com/en/announcements/… Thank you all for nine years of trust. Haipo Yang Sept 15, 2026

It's becoming clear that some Democrats simply won't get to yes, no matter what we put in the text. President Trump has now agreed to two historic ethics provisions — provisions these very members demanded. We've given you everything you’ve asked for, yet you keep holding the bill hostage, demanding more and more and more. It's beyond frustrating. There's nothing left to give.

BREAKING: The closure of Saudi Arabia's East-West pipeline after recent strikes is set to remove 4% of global oil supply if it is not reopened this week, per Reuters. Currently, repair estimates are ranging up to 6 weeks, meaning we are set to lose another ~4 million barrels of daily oil supply. Iran-allied Houthi forces also continue to push toward the Bab el-Mandab Strait. Oil markets open in under 9 hours.

BREAKING: Yemen's Houthis might have directly struck Saudi Arabia's East-West crude oil pipeline in the desert southeast of Medina. Sentinel-3 satellite imagery from today shows a massive black smoke plume nearly 100 km long over the pipeline route, stretching across the desert between Medina and Mahd adh Dhahab. Satellite fire data shows a large fire burning at the same spot, with multiple heat anomalies clustered along a stretch of under 10 kilometers, fire radiative power above 70 megawatts, more than double a conventional fire, and the burn sustained for at least 8 hours, per NASA FIRMS data from today. The East-West pipeline carries Saudi crude from Abqaiq to Yanbu on the Red Sea, the kingdom's only export route that does not pass through the Strait of Hormuz. The fire comes amid Houthi attacks on Saudi territory over the past 24 hours.

BREAKING: President Trump says he will issue a $5,000 "dividend" to every adult citizen in the US if the Republicans win the midterm elections. There are currently ~245 million US citizens age 18+, meaning this dividend would cost ~$1.2 trillion. This would mark the biggest economic stimulus payment since the pandemic.

BREAKING: Iran's IRGC announces it carried out the single largest attack in the Strait of Hormuz of the war, striking 10 vessels in retaliation for tonight's US strikes on 5 Iranian oil tankers. The IRGC says it struck 8 oil tankers attempting to pass through the Strait and the two US destroyers it named earlier tonight, "inflicting significant damage." The US struck 3 tankers on Sept. 5 and Iran responded with 6, the US struck 5 tonight and Iran responded with 10. Two for one is now the pattern.