The oil market just made a sudden strong move, and Brent crude has pushed back above $100, which hasn't happened in a while. There was about a 6% jump, mainly because geopolitical tensions are rising again, and talks between the U.S. and Iran are still not yielding clear results.
Trump has also signaled that he's not in the mood to extend the ceasefire, and if negotiations fall through, the situation could get even more tense. On the flip side, JD Vance is leading the next round of talks in Islamabad, so everyone's eyes are on whether a deal goes down or not.
Interestingly, oil has shot up, but Trump isn't taking this move too seriously; he's saying that prices could have been even higher depending on the situation.
Panic hasn't really hit the crypto side yet. Bitcoin is holding steady around $75K, and the market is basically waiting to see whether tension escalates or if a last-minute deal pops up.

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