BlockBeats News, March 22nd, “BTC OG Insider Whale” agent Garrett Jin posted, stating, “Trump has demanded Iran to completely reopen the Strait of Hormuz within 48 hours. The situation has escalated as expected, bringing three impacts:
· Iran was previously engaged in low-key negotiations with Japan for ‘ship-by-ship passage’ and allowed a Greek ship to pass through the Strait of Hormuz for the first time since March 2. This ultimatum has essentially ended this diplomatic detour mechanism.
· Targeting power plants means the conflict is extending to civilian infrastructure. This will not crush Iran but instead make it more hardline, increasing the probability of a long-term war.
· The Oil Volatility Index (OVX) has risen to 93, VIX is at 24, with a ratio of nearly 4 times. Oil price volatility has surged significantly, while stock market volatility has not yet fully reflected.
Oil prices are rising, volatility is increasing, and the conflict cycle is extending.”
