US and European fuel markets face record tightness from Middle East tensions. Here's why crypto investors ignoring the energy squeeze could be caught off

US and European fuel markets face record tightness from Middle East tensions. Here's why crypto investors ignoring the energy squeeze could be caught off

If you'd shown an energy trader in June the price chart for July, they'd have assumed something had gone badly wrong. Brent crude went from grinding toward $70 a barrel, its…