The US has launched military strikes against Iran to prevent sea mine deployment in the Strait of Hormuz. Brent crude surged above $𝟵𝟬/𝗯𝗮𝗿𝗿𝗲𝗹 in immediate response — the strait handles roughly 20% of global oil supply. This marks a material escalation from the Iran War's diplomatic phase into direct US kinetic action. Saudi exports were already tracking Iran War lows at 3.23M bpd; any Hormuz disruption tightens an already constrained market further. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The $90 level is a key psychological threshold — sustained breaks higher depend on whether strikes expand or de-escalate. Watch for Iran's response: retaliation targeting Gulf shipping infrastructure would amplify the oil bid toward $100+. For BTC, rising oil feeds inflation pressure and hawkish rate expectations into September, bearish for non-yielding risk assets. source: KobeissiLetter Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2292(Hupzy (Spot On Chain))