A senior Iranian official has just stated that it is ready to reopen the Strait of Hormuz within 1 week, on the condition that the United States reduces military pressure and lifts the port blockade.
Oil prices continue to fall. WTI crude is down more than 2.5% to $89 per barrel, about 15% lower than the September peak. Brent crude has also plunged below $98 per barrel.
If tensions in the Middle East truly ease, risk assets such as crypto could benefit. Lower energy prices help reduce inflation pressure, which in turn eases concerns that the Fed may need to raise interest rates further.
$BTC lên thôi
Oil prices continue to fall. WTI crude is down more than 2.5% to $89 per barrel, about 15% lower than the September peak. Brent crude has also plunged below $98 per barrel.
If tensions in the Middle East truly ease, risk assets such as crypto could benefit. Lower energy prices help reduce inflation pressure, which in turn eases concerns that the Fed may need to raise interest rates further.
$BTC lên thôi
