8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges

Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

• Federal Reserve seeks public comment on stablecoin regulatory proposals
• First proposal requires reserve-backed stablecoins with capital requirements
• Second proposal introduces customized application process for issuers

2026-09-24 ·federalreserve.gov

Saudi Oil Export Costs Surge as Red Sea Risks Mount

Saudi Arabia’s workaround for the Strait of Hormuz now carries a war-risk insurance bill nearly as expensive as sending tankers through Hormuz itself. Quoted premiums for Saudi-linked tankers calling at the Red Sea port of Yanbu have tripled to around 3% of a vessel’s value from less than 1% in early July, according to Reuters.

2026-09-24 ·oilprice.com