Naoris Protocol completes $3 million strategic financing
Naoris Protocol announced the completion of a $3 million strategic funding round led by Mason Labs, with participation from Frekaz Group, Level One Robotics, and Tradecraft Capital. This round of funding was completed after six months of technical due diligence and has opened a new round of institutional financing due to oversubscription. Naoris Protocol is a quantum-resistant blockchain and cybersecurity mesh architecture that provides plug-and-play security solutions to protect any EVM blockchain or enterprise system without the need for a hard fork.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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