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Iran is closing the Strait of Hormuz 🇮🇷

Iran has announced that it is about to decide to close the Strait of Hormuz, a major waterway in the world.

This decision comes in response to the military attack by the United States.🥱🥱🥱🥱🥱

Approximately 20% of the oil used in the world is transported through this Strait of Hormuz.

If closed, there will be a significant impact on the oil supply, which could result in rising prices.

This measure may further increase tensions in the Middle East and have a negative effect on the global economy.⚠️⚠️⚠️⚠️⚠️

Where is the Strait of Hormuz?

It is a narrow waterway located between Iran and Oman, which is the main export route for oil from Gulf countries.

Stay tuned to our channel to learn more about the situation. #BinanceAlphaAlert #BTCbelow100k #MarketPullback #IsraelIranConflict $BTC