After weeks of conflict, Iran tabled an offer.
Iran proposed reopening the Strait of Hormuz within 7 days, in exchange for the U.S. lifting its naval blockade and military operations in the area. The proposal was conveyed through intermediaries and, according to reports, it was approved by Iran’s Supreme Leader.
The immediate reaction was that oil fell to $91 per barrel, and that boosted both U.S. stocks and Bitcoin.
This is the end of the story we’ve been following for weeks—the conflict in Hormuz was one of the main drivers behind Bitcoin’s declines in September.
Seeing a possible negotiated solution is the other side of the same coin.
It’s still not a finalized agreement; it’s only a proposal, but the market has already started pricing it in.
Do you think this time the conflict gets resolved, or is it just a temporary breather? 👇
#Irán #Petróleo #Geopolítica #CreatorPad
Iran proposed reopening the Strait of Hormuz within 7 days, in exchange for the U.S. lifting its naval blockade and military operations in the area. The proposal was conveyed through intermediaries and, according to reports, it was approved by Iran’s Supreme Leader.
The immediate reaction was that oil fell to $91 per barrel, and that boosted both U.S. stocks and Bitcoin.
This is the end of the story we’ve been following for weeks—the conflict in Hormuz was one of the main drivers behind Bitcoin’s declines in September.
Seeing a possible negotiated solution is the other side of the same coin.
It’s still not a finalized agreement; it’s only a proposal, but the market has already started pricing it in.
Do you think this time the conflict gets resolved, or is it just a temporary breather? 👇
#Irán #Petróleo #Geopolítica #CreatorPad
