Hupzy (Spot On Chain)|Jun 06, 2026 16:24
🚨 Iranian oil exports collapsed 84% to 209,000 bpd in May — the lowest since early 2020 — as the US naval blockade continues to choke vessel movements. Floating storage dropped 43M barrels since late April.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A supply shock of this magnitude tightens global energy markets and reinforces BTC's geopolitical-hedge narrative. If Iran runs out of shippable crude within 2 months as projected, sustained upward pressure on oil prices follows — historically bullish for Bitcoin as capital rotates into non-sovereign stores of value during supply-chain disruptions. Escalating US-Iran tensions add another layer of macro uncertainty that tends to flow into crypto.
--source: https://x.com/KobeissiLetter/status/2063293791709048859
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