🚨 BREAKING: Iran just told intermediaries they're NOT sending anyone to peace talks with the U.S. until the Hormuz Strait "blockade" is lifted (WSJ)

This is huge for macro:

🔹 Hormuz = 20%+ of global oil supply

🔹 Any escalation = oil spike = inflation fears back on the table

🔹 Risk-off sentiment could hammer risk assets (crypto included)

Iran's playing hardball. No talks = prolonged tension = volatility across energy markets and potentially spilling into equities and digital assets.

Keep an eye on crude oil futures and how this bleeds into Fed policy expectations. If oil rips, inflation narrative returns, and liquidity tightens.

Stay liquid. This could get messy fast.