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Strait of Hormuz Is Now Open, How Will Markets React To The Big US-Iran War Update? Oil Surges, Bitcoin Turns Volatile Amid Escalation Threats

Strait of Hormuz Is Now Open, How Will Markets React To The Big US-Iran War Update? Oil Surges, Bitcoin Turns Volatile Amid Escalation Threats

Tensions around the Strait of Hormuz continue to shake global markets as Iran warns of escalation against the United States.

May 6, 2026