Crypto News: Iran launched attacks on US bases in Bahrain, Kuwait, and Jordan, causing Brent and WTI crude oil prices to hit fresh multi-week highs for the second consecutive trading day. This round of conflict has intensified market concerns about geopolitical risks. Trump said that although there are currently some reservations, the energy targets will ultimately be struck, keeping the market on alert to the risk of the US taking direct action against Iran’s energy infrastructure. As Tehran reiterates its plan to close the Strait of Hormuz, the geographic scope of the conflict continues to expand, and traders remain focused on the risk of supply disruptions. On Wednesday, oil prices rose further after Trump reinstated a maritime blockade on all Iranian ports. Brent closed at its highest level since June 12, and WTI also reached its highest point since June 15.

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LightningNetworkHero
· 3h ago
Geopolitical black swans—position management is more important than forecasting.
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DeltaNeutral
· 3h ago
A new multi-week high? It feels like it could still push higher, but I can’t go all-in.
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PositionSteerer
· 3h ago
With the Strait of Hormuz closed, the whole world will have to brace and shake.
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FearlessStacker
· 3h ago
Bahrain, Kuwait, Jordan—this map is getting drawn bigger and bigger.
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ZeroRoyaltyFighter
· 3h ago
Tightening supply conditions and inflation expectations looking set to rise again
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