Iran politicians leaned forward in favor of blocking the strategic Strait of Hormuz on Sunday in response to US military strikes at Iran’s nuclear facilities, according to Saeed Azimi, Tehran Correspondent for France 24.
“The MPs unanimously reached this conclusion to a consultation capacity. The decision depends on the Supreme National Security Council,” Azimi told xResponding to There are many reports to the media, Al Arabia is withthat parliament approved the closure.
Strait, a major global oil transmission route, provides one-fifth part of the world’s oil trade. Thus, the closing of the route is likely to send oil prices upward, perhaps in three numbers, which strengthens the fear of stagflation in countries with imported trade in countries such as US such as US like the US
Analysts expect crude oil prices to Brent and WTI will open up higher on Monday, pricing a potential squeeze supply.
Meanwhile, an obscene token called Digital Oil Memecoin (Oil) has sckyrock more than 400% against USD, according to data resource Dextools.io. The token is listed in Solana based on Solana -based Raydium -based decentralized Raydium.
“The fading to the most -geopolitically sought after Memecoin and the single coin that Peter Schiff himself is? Should be relevant With Memecoin, the social media platform said.
The token come to existence Early this year after Vocal Cryptocurrency and Bitcoin Critics Peter Schiff Na -published a post on x Supporting the idea of creating a digital oil.
