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If they thought that the issue of the Strait of Hormuz was already flowing, satellite tracking data says otherwise. Two giant liquefied gas ships from Qatar just turned around mid-journey. They tried to head towards Oman, but the tension is so high that they preferred not to take the risk and returned.

What is really frightening is that, according to Kpler data, not a single gas tanker has crossed the Strait of Hormuz since the end of February. Imagine the knot that global trade is in right now! Qatar is fulfilling its deliveries using what it has stored on land, but that won't last forever. Moreover, there are reports of electronic interference in the area, which means that ships are navigating blind or turning off their radars for safety.

This confirms to us that, despite rumors of peace, the blockade is real and the risk of an energy supply cut remains on the table.

In cryptocurrencies, this translates into pure volatility for Bitcoin, because if oil rises due to a lack of gas, the risk market always reacts nervously.

At least we now know why prices are not exploding upwards. There is a giant bottleneck in one of the most important arteries in the world and that cannot be solved with a couple of tweets.

My advice is to closely monitor these news items before opening long positions with high leverage. Peace of mind comes from understanding that the geopolitical board still has many locked pieces.

Do you think this blockade will last long or is it just pressure to negotiate the ceasefire that is so often discussed?

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