Iran's IRGC shut the Strait of Hormuz again, cutting commercial shipping to below 10% of normal volumes and rattling oil and crypto markets worldwide.

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

Iran said on Saturday it had shut the Strait of Hormuz again, a move that could disrupt a critical corridor for global crude shipments.

Conflicting signals on shipping emerge as US and Iran begin talks