Hupzy (Spot On Chain)|Sep 05, 2026 18:41
The US military struck ๐๐ต๐ฟ๐ฒ๐ฒ ๐๐ฟ๐ฎ๐ป๐ถ๐ฎ๐ป ๐ผ๐ถ๐น ๐ฐ๐ฎ๐ฟ๐ฟ๐ถ๐ฒ๐ฟ๐ in the Strait of Hormuz after Iran fired ballistic missiles at two US Navy warships. CENTCOM warned it will "not hesitate to defend American forces" and, if necessary, "destroy Iran's limited and exposed oil fleet."
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Direct kinetic strikes on Iranian oil assets mark a sharp escalation from the broader conflict into active targeting of crude infrastructure. With roughly ๐ฎ๐ฌ% ๐ผ๐ณ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ผ๐ถ๐น ๐๐๐ฝ๐ฝ๐น๐ transiting the Strait of Hormuz, supply disruption fears put immediate upside pressure on oil prices โ feeding inflation expectations and rate pressure, bearish for non-yielding risk assets like BTC in the short term.
BRENTOIL is the direct read for immediate price reaction; watch for further escalation toward a full Hormuz closure scenario. BTC faces cross-asset risk-off flow if oil-driven inflation repricing pushes yields higher.
source: KobeissiLetter
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