[Breaking] Clashes between the US and Iran escalate in the Strait of Hormuz: Al Jazeera reported on November 7 that the two sides exchanged fire in the strait on November 6. Trump said Iran attacked three US Navy destroyers; Iran’s military said US strikes injured 10 sailors and left five missing, and that the oil tanker Ocean Koi had been detained. US Central Command said it had intercepted two Iranian oil tankers attempting to enter Iranian ports. Earlier, Iran’s Islamic Revolutionary Guard Corps said several tankers caught fire after hitting mines in the strait, but the claims have yet to be independently confirmed by maritime authorities. As geopolitical risks rise, $BTC continues to fluctuate around $75,000. (Source: Al Jazeera, November 7)