Oman takes sides, Iran threatens to lock the strait—this script is more exciting than DeFi liquidations.

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BlockBeatNews
Bitunix Analyst: Middle East Shipping Control and the Exchange Rate Defense Battle Escalate in Tandem
BlockBeats News, June 2nd, shifted from purely US-Iran negotiation progress to a deeper strategic control power struggle. It is rumored that the United States has demanded that Oman, which has maintained neutrality for a long time, clearly state its position between the US and Iran, and even requested to cut diplomatic relations with Iran. Meanwhile, Iran has once again issued a tough signal to block the Strait of Hormuz and the Strait of Mand. Although Trump stated that an agreement could be reached within a week, both the US and Iran still have significant differences in their statements about the content of the agreement, indicating that regional risks have not yet been resolved.

Another key storyline comes from Japan. Despite the Japanese government using a record 11.73 trillion yen in a single month to intervene in the foreign exchange market, the yen has once again approached the 160 level. The Finance Minister reiterated that they could intervene again at any time. This indicates that major global economies are facing dual pressures of capital flows and exchange rate stability, and also reflects that market demand for dollar assets remains strong.
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