US-Iran tensions escalate again: US forces launched an airstrike on Iran’s Qeshm Island on Friday night, which Trump described as a “small-scale strike”; Iran’s military said early Saturday that it had shot down a US MQ-9 drone. The UK Maritime Trade Operations (UKMTO) weekly report said that at least 11 vessels were attacked in and around the Strait of Hormuz during the week ending November 6, with 3 sunk; traffic through the strait was about 65% below pre-conflict levels. Geopolitical risks remain a key market focus.$BTC $ETH