Global markets are on edge as the Strait of Hormuz crisis escalates. Iran has closed the strait again, even warning ships could be attacked 🚢💥, while firing incidents near vessels have already been reported.
In the last 24 hours, Donald Trump called Iran’s move “blackmail” but said talks are still “very good,” showing tension + diplomacy mixed ⚖️.
With ~20% of global oil flow disrupted, volatility is inevitable 📉.
War risks + rising oil = pressure on crypto.
🏪 The president convened a White House Meeting
▫️Held meeting comes at a critical point for peace talks as the ceasefire expected to expire in three days time. But there is still no final date for peace negotiations.
▫️The Islamic Revolutionary Guard Corps vessel earlier today opened fire on two Indian Flagships.
▫️ Just in now the IRG(Islamic Revolutionary Guard Corps) are standing firm declaring they won’t be reopening the strait.
▫️They say they will open it by the order of their leader Imam Khamini, not by the tweets of some ediots(sry binance dont allow to use the correct spelling)😂
⚠️ Stay cautious. Manage risk. Market swings incoming. Its the high time to sell your fast.