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Tether Investment Division Facilitates Crude Oil Trade in Middle East: Details

source-logo  coingape.com 08 November 2024 22:13, UTC

Tether’s investment division successfully funded its first crude oil transaction in the Middle East. The transaction, involving a leading publicly traded oil super-major and a top-tier commodity trader, facilitated the transport of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million.

coingape.com