US EditionUS-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips
- The United States conducted airstrikes on Iran's Fordow, Natanz, and Isfahan nuclear facilities on Sunday at dawn, amid the Israel-Iran conflict.
- The strikes, dubbed Operation Midnight Hammer, took place amid escalating tensions involving Iran and included threats by Tehran to block passage through the Strait of Hormuz, a vital artery for global oil shipments.
- In response to the strikes, Iran’s legislative body approved a measure to shut down the Strait of Hormuz, though the closure still awaits authorization from higher authorities; meanwhile, some tanker operators altered their routes amid concerns over heightened risks and rising insurance expenses.
- President Trump called the strikes "very successful" and "totally obliterated" the sites, but IAEA and Iranian officials disputed severe damage claims and radioactive contamination.
- The situation is fluid, with possible Iranian retaliation including Strait closure or NPT withdrawal, which could further disrupt global oil flow and raise risk premiums.
13 Articles
13 Articles
US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips
Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC). What happened: In a series of posts, Livingston noted the U.S. bombing of Iran's nuclear sites and Iran potentially closing the Strait of Hormuz, the world’s most strategically important oil shipping choke point. Why the US-Iran War Is a Nuclear-Grade B…
Beijing responds: US bombs on Iran are a blow to global security
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energynewsbeat.coUS airstrikes on Iran spark memories of previous tanker wars
Shipping stock prices surged in Asia today on the back of the fast-escalating geopolitical crisis in the Middle East, with Iranian politicians threatening to shut down the Strait of Hormuz after US airstrikes on key nuclear sites. Iran’s parliament has voted to block the Strait of Hormuz, a move that would need final approval from …
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