Trump plays roulette with Iran as oil and Bitcoin hold their breath
Former President Donald Trump’s warning that a conflict with Iran could lead to widespread devastation has created significant uncertainty in global markets. In a post on his social media platform, Trump stated that Iran must keep the Strait of Hormuz open or face attacks targeting critical infrastructure like bridges and power plants, potentially causing a major setback for the country. This tension is focused on a vital shipping lane through which about 20% of the world’s oil travels, leaving traders bracing for a sharp increase or decrease in oil prices and other investments as the deadline approaches.






