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6:44 a.m. today Trump threatened to destroy Iran's power plants if Iran does not open the Strait of Hormuz within the next 48 hours.
Iran's side immediately declared that once Iran's fuel and energy infrastructure is attacked, all U.S. energy infrastructure assets in the region will be added to the list of retaliatory attack targets.
$BTC immediately fell nearly 3%, $ETH dropped 4.5% following Trump's statement.
In contrast, Crude Oil futures contracts on Hyperliquid & BingX ( opened at the end of the week ) immediately surged above $98.5. The market is concerned that if Trump actually strikes Iran's power plants, Crude Oil prices could continue to rise sharply, and the situation will escalate and worsen further.
Since the early days of the war, Iran has also repeatedly declared that if its infrastructure, energy, fuel, or Khark Island is attacked, Iran will launch proportionate retaliatory attacks on the more critical and vital infrastructure facilities of the United States & Israel.