GeneralBearishCrypto Briefing · Apr 18🔥 8/10
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Iran rejects EU call to keep Strait of Hormuz open, raising escalation risks
Iran has rejected EU calls to maintain open passage through the Strait of Hormuz, a critical global shipping chokepoint responsible for roughly 20-30% of world oil transit. This escalation risks destabilizing crude oil markets and triggering significant price volatility that could ripple through cryptocurrency and broader financial markets.
