#USIranFlashpoint Markets are no longer watching inflation. They’re watching the Strait of Hormuz. US and Iranian forces exchanged fire in the Gulf of Oman while a cargo vessel was reportedly struck in the Persian Gulf, sending oil prices sharply higher. Nearly 20 million barrels of oil pass through Hormuz every day—about 20% of global supply. Any disruption instantly becomes a global macro event. President Trump downplayed the clash as a “minor incident” and said a deal could be reached within a week. Markets now face two very different outcomes: If diplomacy wins, oil retreats and risk assets rebound. If tensions escalate, higher energy costs could reignite inflation pressure, challenge central bank easing expectations, and weigh on equities and crypto alike. For now, the battlefield is not crypto. But what happens in the Gulf may determine the next major move for $BTC and global risk markets. $BTC $BZ @OKX Orbit @OKX星球 @OKX Orbit