🚨 Reuters: The Iranian Parliament has just approved the decision to close the Strait of Hormuz

This is the route for transporting 25-30% of global oil and gas, 35 km wide at its narrowest point.

If implemented, this decision is expected to disrupt energy supply, drive oil prices soaring, and consequently lead to global inflation.

Although this decision is not yet official and needs to be finally approved by the Supreme National Security Council of Iran and Supreme Leader Ayatollah Khamenei, the market has already reacted negatively.

Bitcoin has fallen below $101K, altcoins are also in the red...