Every red line has now been crossed.
The US and Iran have both exceeded the thresholds that, until recently, either side treated as triggers for direct conflict — with no diplomatic circuit-breaker visibly in place.
Oil, Strait of Hormuz exposure, and risk-off sentiment are the three dials traders should watch. Escalation here historically spikes crude and gold while pressuring crypto risk appetite short-term. 📉
#US
#IRAN
#Hormuz
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