The White House says it’s accountability, not retaliation, but traders only care how much premiums will rise—this is the fifth round; the plot is painfully familiar.

Crypto news: The U.S. Central Command launched a new round of airstrikes against Iran on Sunday afternoon at 5:00 p.m. Eastern Time, aiming to protect shipping safety in the Strait of Hormuz. This round of strikes confirmed that Washington is continuing its attacks on Iran’s military assets rather than backing off. Reports said explosions were heard near Bandar Abbas in the west, as well as near Qeshm and Jask, with all locations close to the region’s military infrastructure. This is expected to raise costs for freight and war-risk insurance, and to intensify concerns that global oil and liquefied natural gas flows—about one-fifth—could face further disruption. The White House clearly framed the airstrikes as an accountability action rather than a one-off response; traders may expect ongoing market volatility instead of near-term easing.