Oil prices of $CL are still at 100 dollars.
$BTC , yet already reclaimed 85,000.
This round of gains cannot ignore the situation in Iran.
After $BTC broke back above $85,000, the market began discussing a bull market again, but the Middle East’s energy transportation problems have not been resolved.
On September 22, Brent crude was still trading above $100. Reuters reported that over the weekend, only 17 cargo ships passed through the Strait of Hormuz, compared with 37 ships the week before; before the war, the daily average was about 125.
Saudi Arabia originally hoped to export more oil via the Red Sea route, but the east-west oil pipeline was attacked, and the Red Sea shipping route has also been affected by Houthi attacks, causing some crude oil transport to rely again on the Strait of Hormuz.
Trump said he is willing to meet with Iran’s president, but whether the two sides can resume negotiations and reach an outcome is not yet clear.
The impact of this matter on the crypto market is not simply to treat war news as a negative catalyst.
If shipping remains obstructed, oil prices may continue to face pressure from supply risks, and inflation and expected Federal Reserve interest rates may also be affected. If negotiations make progress, the risk premium embedded in energy prices could decline.
$BTC , yet already reclaimed 85,000.
This round of gains cannot ignore the situation in Iran.
After $BTC broke back above $85,000, the market began discussing a bull market again, but the Middle East’s energy transportation problems have not been resolved.
On September 22, Brent crude was still trading above $100. Reuters reported that over the weekend, only 17 cargo ships passed through the Strait of Hormuz, compared with 37 ships the week before; before the war, the daily average was about 125.
Saudi Arabia originally hoped to export more oil via the Red Sea route, but the east-west oil pipeline was attacked, and the Red Sea shipping route has also been affected by Houthi attacks, causing some crude oil transport to rely again on the Strait of Hormuz.
Trump said he is willing to meet with Iran’s president, but whether the two sides can resume negotiations and reach an outcome is not yet clear.
The impact of this matter on the crypto market is not simply to treat war news as a negative catalyst.
If shipping remains obstructed, oil prices may continue to face pressure from supply risks, and inflation and expected Federal Reserve interest rates may also be affected. If negotiations make progress, the risk premium embedded in energy prices could decline.