Iran Closes Strait of Hormuz, US Reopens: BTC, ETH Tumble
The closure of the narrowest chokepoint in global oil supply, contested in real time by the US Navy, is a textbook risk-off catalyst for crude, gold, and BTC.
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The closure of the narrowest chokepoint in global oil supply, contested in real time by the US Navy, is a textbook risk-off catalyst for crude, gold, and BTC.
The IEA's 2026 demand decline forecast, its first outside the pandemic shock, lands as Middle East supply disruptions and a structural EV shift pull consumption in opposite directions.
Treasury's general license lets existing Iranian crude reach buyers for two months, a stopgap aimed at capping prices without easing the broader sanctions regime.