🚨 BREAKING: STRAIT OF HORMUZ CLOSED AGAIN
Iran has reasserted control over the Strait, citing violations by the United States. Officials warn the situation has returned to a “restricted” state.
🛢️ OIL SURGES
Brent spikes toward $120 as nearly 20% of global oil flow faces disruption. Supply from key exporters Saudi Arabia, United Arab Emirates, Kuwait, and Iraq is at risk.
📉 MARKET PRESSURE
Airlines, retail, and global supply chains under stress. Energy sector remains dominant as inflation fears resurface.
🏦 MACRO IMPACT
Higher oil → rising inflation → delayed rate cuts by the Fed negative for tech.
₿ CRYPTO WATCH
Bitcoin holding 75K–77K range; volatility expected.
⚠️ OUTLOOK
If oil pushes toward $150, markets could see panic-driven moves before stabilizing. Stay alert.