1. Iraq plans to boost its oil export capacity to 7 million barrels per day and is considering other options if its OPEC quota is not significantly increased.
2. Global chip stocks surged, driven by investment banks raising Micron Technology's price targets and strong performances from SK Hynix and Samsung Electronics.
3. A total of $113.2 billion in crypto options, including BTC and ETH, are set to expire today, potentially increasing market volatility.
Oil Market Tensions Amid Iraq's Output Goals, Chip Sector Rallies, and Crypto Options Expiry Looms