The Hormuz Strait issue isn’t over yet. The U.S.-Iran conflict has been going on for six months, with the U.S. Navy blockade still ongoing, and Iran has already been unable to ship out even a single drop of oil.

$BTC This round is quite interesting—markets have become completely desensitized to geopolitics. When energy prices rise, inflation expectations rise along with them; meanwhile, crypto actually has a chance.

The Trump administration says it won’t return to the agreement from June and plans to use economic pressure to solve the problem. This move is tough— the longer it drags on, the more variables there will be.

Right now the market is in spectator mode. Once Europe and the Americas open, that’s when it gets serious.

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