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Trump Threatens Iran Strike as Oil Jumps and Bitcoin Falls Below $63K

2026-06-14 13:44:56

Abstract generation in progress

President Donald Trump threatened to strike Iran “VERY HARD TONIGHT” and later seize Kharg Island, while Bitcoin briefly fell below $63,000. US crude spot prices jumped to $91.75 after the Truth Social post. CFR says Kharg handles roughly 90% of Iranian crude exports. Iran’s Persian Gulf Strait Authority declared the Strait of Hormuz closed, while US Central Command says commercial vessels continue to transit.

BTC-0.40%

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