International Crude Oil Falls as U.S. Approves Limited Iran Oil Sales

On June 22, market participants discussed the valuation and growth outlook of AAOI—a key concept stock in the optical communications sector—on social media, sparking a debate among investors over its fair entry price. Serenity noted that if AAOI meets its revenue targets, representing over 800% year-over-year growth, the company could post annualized revenue of roughly $5.6 billion (calculated based on its current market cap of around $12.8 billion), translating to monthly revenue of about $471 million, fueled primarily by surging demand for AI infrastructure. The conversation also highlighted that amid tight industry capacity, cloud service providers (CSPs) and major clients like Advanced Micro Devices are locking in supply via long-term agreements (LTAs), a move that could push up both industry-wide selling prices and profit margins. If demand continues to grow exponentially through 2028, average selling prices (ASPs) and profit margins are likely to rise in tandem, though the fin

June 22 – Bitget market data indicates that Japanese storage giant Kurouto today surged to a peak of $112,600, marking a brand-new all-time high. Its closing price settled at ￥108,700, delivering a daily gain of 0.09%.

June 22 — Shipping and satellite monitoring data shows that despite partial U.S. restrictions being lifted and some commercial vessels tentatively resuming transits, more than 400 large ships are still gathered offshore the Strait of Hormuz, with uncertainty persisting over this key global crude oil shipping route. European Space Agency Sentinel-1 radar satellite data indicates that as of around 14:15 GMT Sunday, a total of 441 large ships matching the scale of oil tankers are clustered in waters near Sohar, Oman, and Fujairah, UAE — a further increase from levels seen during the early April conflict. Shipping companies note the large-scale fleet pre-deployment is aimed at enabling quick restoration of transportation capacity once the strait is fully reopened. However, actual passage remains highly restricted until U.S.-Iran negotiations on ceasefire and navigation mechanisms are finalized. Satellite data revealed the strait’s main channel was nearly stagnant on Sunday. While Iran h

June 22 — According to Bitget market data, U.S. space sector concept stocks posted a sharp collective decline, with major individual stocks seeing the following losses: Virgin Galactic fell over 12%, KULR Technology dropped 4.42%, Rocket Lab declined 9.32%, Firefly Aerospace slipped 9.21%, and SpaceX fell 9.82%.

June 22 – Per an official announcement, Bitget has rolled out its U-based ARX perpetual contract, supporting up to 20x leverage. The platform’s contract trading bot is also available concurrently. For more details, head to Bitget’s official platform.

June 22: Data from the trade.xyz platform shows the DRAM (Memory Chip Companies ETF) briefly surged past $81.2 to hit a fresh all-time high, before retreating to $80.75. As of the latest update, the ETF has posted a 1.28% gain over the past 24 hours, with a trading volume of $63.4 million in that period.