BEARISH 45 BeInCrypto 14H ago · 2 min read 1 read

Brent Crude Fell 12.5% But Former Biden Advisor Warns Iran War Could Return

AI summary

Brent crude dropped more than 12.5% this week, yet former Biden advisor Amos Hochstein says the odds of an Iran war are above 50/50 as tanker attacks persist near the Strait of Hormuz. Renewed conflict risk in the Gulf could spike oil prices and revive broad risk-off pressure across crypto markets. Traders should watch energy volatility as a proxy for geopolitical escalation.

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