🚨 Strait of Hormuz Update Shakes Global Sentiment
Iran’s Fars News reports that the Strait of Hormuz will remain under Iranian management, contradicting earlier expectations of a potential US-Iran deal that could reopen the route.
Markets were already reacting to reports of a “largely negotiated” agreement, but the situation now looks uncertain again.
This kind of geopolitical tension often increases risk sentiment pressure, which can spill over into global financial markets, including crypto.
Volatility may increase if uncertainty continues.