US Central Command strikes two Iranian-flagged tankers in Gulf of Oman, triggering crypto liquidation cascade
Summary
US Central Command disabled two Iranian-flagged tankers, the Sea Star III and the Sevda, in the Gulf of Oman using precision strikes. This escalation, part of a broader naval blockade against Iranian oil, caused oil prices to exceed $100 per barrel. The resulting geopolitical tension triggered a market sell-off that forced over $300 million in crypto futures liquidations, highlighting the vulnerability of speculative assets to global supply chain disruptions and shifting monetary policy expectations.
(Source:Crypto Briefing)