Iran Strait of Hormuz Threat Lifts Oil Prices as Bitcoin Falls Below $66K

Irans renewed warnings over the Strait of Hormuz have rattled global financial markets, sending oil prices higher while weighing on Bitcoin as investors assess the potential impact of escalating Middle East tensions. The latest market reaction followed strong statements from senior Iranian officials after reports of possible attacks on the countrys infrastructure. Iranian Foreign Minister Seyed Abbas Araghchi warned that any aggression against Iran would trigger a decisive response, adding that any party supporting such actions could also become a legitimate target. Parliament Speaker…  Read more

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