Hopes of restarting the Strait of Hormuz fade, oil prices rise by 5%
2026-08-11 03:15:32
According to CoinMeta, as hopes of the resumption of traffic through the Strait of Hormuz faded, oil prices rose by 5%. Due to the ongoing disruptions in the Strait of Hormuz, the increase in oil prices could put pressure on the global energy supply, further exacerbating geopolitical tensions and economic uncertainties.
Bullish 0
Bearish 0Share to 
Source：Crypto Briefing
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh
Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04
Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54
web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24
Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55
Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24