Major oil companies suspended 125,000 barrels per day of Kurdistan production amid US-Iran tensions, with implications for oil prices and crypto markets.

The IRGC declared a halt to Middle Eastern oil and gas exports amid US tensions, spiking Brent crude to $138 and spotlighting Iran's $3B crypto sanctions

The move follows the deaths of two US service members in an Iranian attack on Jordan.

Major oil companies suspended 125,000 barrels per day of Kurdistan production amid US-Iran tensions, with implications for oil prices and crypto markets.