BlockBeats News, March 22nd, "BTC OG Insider Whale" agent Garrett Jin posted, "Trump demands Iran to fully reopen the Strait of Hormuz within 48 hours. The situation escalated as expected, bringing three impacts:
· Iran was previously in discreet negotiations with Japan for "ship-by-ship passage" and allowed a Greek ship to pass through the Strait of Hormuz for the first time since March 2. This ultimatum basically ended this diplomatic detour mechanism.
· Targeting power plants means the conflict is extending to civilian infrastructure. This will not crush Iran but will instead make it more hard-line, increasing the probability of a long-term war.
· The Oil Volatility Index (OVX) has risen to 93, VIX is at 24, with a ratio of nearly 4 times. Oil price volatility has soared, while stock market volatility has not fully reflected.
Oil prices rise, volatility increases, and the conflict cycle lengthens."
