Trump Moves Bitcoin and Oil Markets Hard With Latest Iran Threat

Jun 11, 2026 - 14:30
Trump Moves Bitcoin and Oil Markets Hard With Latest Iran Threat
President Donald Trump said the United States will strike Iran “VERY HARD TONIGHT” and later seize Kharg Island, the terminal behind roughly 90% of the country’s crude oil exports. Oil prices climbed back above $91 within minutes of the Truth Social post, while Bitcoin quickly fell below the $63,000 threshold. Meanwhile, energy traders priced a...

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