Iran closes the Strait of Hormuz after US attacks, threatening 20% of global oil supply. Bitcoin dropped below $80K amid tensions as Iran explores crypto

Iran's deputy speaker says the Strait of Hormuz is closed and threatens to shut Bab al-Mandab, rattling oil and crypto markets as Bitcoin reacts to

Iran closes the Bab al-Mandab Strait after Israeli strikes, shutting two major shipping chokepoints and raising stakes for oil prices and Bitcoin markets.