The post Bitcoin Price at Risk as Oil Jumps 13% After U.S.–Israel Strikes Iran appeared first on Coinpedia Fintech News
Global oil prices jumped 13% after U.S. and Israeli strikes on Iran, which reportedly killed Iran’s Supreme Leader, Ayatollah Ali Khamenei. In response, Iran moved to block the Strait of Hormuz, a key route that carries 20% to 30% of the world’s oil supply. Experts warn that if this route remains closed for a week, …
