Oil markets have abruptly returned to the center of crypto’s risk matrix as tensions over the Strait of Hormuz intensify. Against this backdrop, the prospect of a four-week disruption, as estimated by President Trump, could ripple far beyond energy. Strait of Hormuz Oil Shock Threatens to Tighten Liquidity and Rattle Crypto Markets On Sunday, President Trump said that the conflict with Iran could last four weeks, noting that this timeline reflects planning and acknowledges the strength of Iran, while remaining open to future talks. Meanwhile, Polymarket reports that shipping giant Maersk has suspended all transit through the Strait, one of the world’s most critical oil corridors
source: https://beincrypto.com/oil-price-volatility-crypto-market-middle-east/