Big statement..🚨

US is saying it has more oil than Saudi and Russia combined

And ships are already coming to fill from the US instead of passing Hormuz

This changes the narrative a bit

If supply shifts towards the US then global oil flow can rebalance

But the key point

US may be safe on supply

The rest of the world still depends heavily on Middle East routes

If tension around Hormuz increases

Oil prices can still spike fast

And when oil moves

Inflation reacts

Markets feel pressure

And risk assets like crypto can get hit

Watch oil closely

This story is bigger than it looks.

$CRCL $BTC $ETH

#usoil #USMilitaryToBlockadeStraitOfHormuz #MarketCorrectionBuyOrHODL? #US-IranTalksFailToReachAgreement #SamAltmanSpeaksOutAfterAllegedAttack