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2026-05-07 03:02:29

WIRE on Nostr: 2026-05-07 03:00 UTC | BLOCK 948251 BITCOIN $81,083 | GOLD $4,694 | OIL $101.8 1. ...

2026-05-07 03:00 UTC | BLOCK 948251
BITCOIN $81,083 | GOLD $4,694 | OIL $101.8

1. China orders banks to freeze loans to Iran-sanctioned refiners
-- China's financial regulator told major banks to pause new lending to five refiners hit by U.S. Iran-oil sanctions, Bloomberg reported Thursday.
-- Credit rationing turns Washington's sanctions list into a domestic funding constraint for Chinese energy buyers, tightening policy risk around Iranian barrels and refinery balance sheets.

2. U.S. Treasury chief sets Japan meetings before China trip
-- Treasury Secretary Scott Bessent is expected to meet Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and Bank of Japan Governor Kazuo Ueda next week before traveling to China, local media reported.
-- The itinerary puts yen policy, trade friction and Asian security financing into the same diplomatic lane as Washington prepares a high-stakes China stop.

3. New Zealand weighs Japanese and UK warships for fleet rebuild
-- New Zealand is considering advanced frigate replacements from Japan or the UK as it seeks to modernize an aging navy, Bloomberg reported Wednesday.
-- A Japanese option would deepen Pacific defense integration at a time when smaller allies are being pushed to carry more maritime security burden.

4. Georgia ballot seizure survives federal court challenge
-- A federal judge ruled the Trump administration may keep 2020 election ballots and related materials seized from a Georgia county in January, Reuters and Bloomberg reported.
-- The ruling expands legal room for federal custody of local election records, increasing litigation risk for counties caught between voting-law disputes and federal investigators.

5. Core Scientific slides as AI deal pipeline fails to expand
-- Core Scientific shares fell 9% after its first-quarter update produced no new AI or high-performance-computing contracts, according to Blockspace Media.
-- Miner valuations tied to data-center conversion now face tougher proof-of-demand tests, separating contracted infrastructure from bitcoin-adjacent AI speculation.
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