With the ongoing conflict in the Middle East, many enthusiastic investors have turned into investment in crude oil, hoping that there will be an increase in the Strait of Hormuz on the lips of closure. However, after 30 minutes of trading, oil prices increased by only 3 %.
More than 20 % of the world’s oil flows through the Strait of Hormuz, and if it is already closed at any time, it is possible that oil prices will rise. Many investors are looking for $ 100 a barrel, a level that has not been seen since July 2022.
Twenty -five years ago, if Iran had threatened to close the Strait of Hormuz, the price of crude oil had increased by 50 %. Today, no one cares. A different world. #Crdeoil pic.twitter.com/trdvqndnzo
Dave Reicht (Tradsbydave) June 22, 2025
Oil prices are slow in responding to the ongoing conflict in the Middle East
While many expected that oil prices would decrease at 6 pm, or only 30 minutes of trading, the oil increased by 3 % barely, in the wake of the US military strikes overnight on Iranian nuclear establishments on Sunday.
This type of attack, along with the constant threat that the Strait of Hormuz will close at any time, has led many investors to buy crude oil shares in anticipation of a huge movement.
However, at 6:27 pm Easter on June 22, Brent crude was trading by 3.17 % at $ 79.45 a barrel, while the American raw standard, in West Texas, was trading $ 3.18 at $ 76.19 a barrel during the early New York trading session.
Previous incidents of this level led to much larger moves in raw markets. Some examples include when the Iranian -linked militants hit the ARAMCO ARAMCO facility in September 2019, temporarily suspended 5 % of global oil production, and Brent Futures rose nearly 20 % in one day, which represents the largest price leap for one day in history.
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Another such event came in the wake of the drone strike in the United States on Iranian military officer Qassem Solimani in early 2020, prices increased by approximately 4 % amid fears of regional revenge. Today, the Fighting response today highlights the importance of the isolated markets of geopolitical events.
American air strikes coordinated Fordo, Natanz, and Spohann overnight, struck the visual damage to the fertilization and the research infrastructure. Tehran promised revenge, but the energy markets are betting that the escalation is still limited.
President Trump announced that the three nuclear sites have been completely eliminated; However, since then, Ford has not been destroyed, and the Iranians may have transferred uranium deposits before the attack.
No big step in oil prices will come until the Iranians decide the hormone strait. If they decide to disable or close the strait, crude oil barrels can run about $ 100, a price that has not seen since the Russian invasion of Ukraine began in 2022.
Oil does not extend like many believes that Bitcoin regains $ 100,000 – is BTC to hedge ww3?
(Coingecko)
Late yesterday, Bitcoin fell to 98,500 dollars, prompting many to believe that the slide was about 80,000-85,000 dollars was coming. However, after less than two hours, BTC has quickly regained $ 100,000, and is now trading at $ 101,900.
This continuous power of Bitcoin, compared to oil prices that do not interact reasonably because the market participants assumed that they would do, make the leading digital assets stand out as investment during this conflict period in the Middle East.
In the past, Iran and Israel were a major conflict against each other, with the additional warning from the United States, which could have been a black black event in Crypto, and Bitcoin had crashed, and the rest of the market withdrew with it.
However, BTC’s refusal to stability is less than $ 100,000 is incredibly upward, which is also provided by Blackrock to spread positive net flows in ETF Bitcoin. Other asset managers, such as sincerity, also suffer from their health flows in their ETF.
Another indication that Bitcoin is the leading assets of investment at the present time is the constant height of the BTC (BTC.D), which measures its share of the total coding market ceiling. As most Altcoins continues to bleed and bitcoin fixed, BTC.D has increased from 64.8 % to 65.8 % in the past three days alone.
(TradingView)
While the BTC.D rise highlights the weakness in Altcoins at the present time, it also shows Bitcoin’s strength and its new position as a hedge of the outstanding war.
All Eyes will now be at the opening of the American Tradfi markets today and any new announcement by President Trump on the United States’s plans related to Israel/Iran.
There is optimism that the conflict can approach its end after not reporting any missile attacks from Iran overnight and Israel shows that it does not want to obtain a war of attrition.
Any news about the ceasefire or an explicit end of this bloody conflict in the Middle East will likely witness a huge increase in the encryption market, which can jump Bitcoin to its highest fresh levels, which finally converts a level of $ 110,000 to support before starting the long -awaited running of about $ 150,000.
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The publication is scheduled to increase oil prices on Iran and Israel’s conflict: What does this mean for Bitcoin price in June? First appeared on 99bitcoins.