Saudi Arabia is urging Donald Trump to reconsider the U.S. blockade of the Strait of Hormuz, warning it could trigger dangerous escalation with Iran.
Officials fear retaliation could extend to the Bab al-Mandeb Strait—a critical global oil corridor.
With ~20% of global energy flows at risk, markets are already reacting, with oil prices surging past $100.
Saudi Arabia is pushing for de-escalation and a return to diplomacy before the situation spirals further.#SECEasesBrokerRulesforCertainDeFiInterfaces #CryptoMarketRebounds $XRP
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