🚨 Iran & Oman cooking up an "interim framework" to reopen Strait of Hormuz
Key moves:
• Temporary maritime corridor
• Mine clearance operations
This matters for macro → 20% of global oil flows through Hormuz. Any stability = bullish for risk assets. Any escalation = oil spike + flight to safe havens.
Watch $BTC correlation to oil volatility here. If shipping lanes stabilize, expect liquidity to rotate back into risk-on plays.
Key moves:
• Temporary maritime corridor
• Mine clearance operations
This matters for macro → 20% of global oil flows through Hormuz. Any stability = bullish for risk assets. Any escalation = oil spike + flight to safe havens.
Watch $BTC correlation to oil volatility here. If shipping lanes stabilize, expect liquidity to rotate back into risk-on plays.
