Iran's IRGC Navy closes the Strait of Hormuz to all maritime traffic, disrupting 20% of global oil shipments and sparking crypto market volatility.

Iran shuts the Strait of Hormuz on June 20, citing Israeli ceasefire violations. Oil spikes, Bitcoin reacts, and crypto markets brace for more volatility.

Otherwise, their safety will be at risk, the IRGC Navy said in a statement