Wow, crude oil is starting to firm up again


The Strait of Hormuz remains closed, and tensions continue to escalate
On April 19, the Strait of Hormuz saw its first-ever passage with zero oil tankers, and the situation suddenly became tense
After talks in Islamabad, Iran rejected the U.S.’s second round of negotiations. The U.S. military seized an Iranian cargo ship, and Trump also said that if no agreement is signed, Iran’s infrastructure will be destroyed
As geopolitical tensions continue to escalate, market risk-aversion sentiment has surged, and Bitcoin promptly fell below $75k
Investors have shifted to defensive positioning; everyone is watching Wednesday’s ceasefire deadline, worried that further deterioration will trigger even greater volatility
$BTC
BTC1,56%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin