Iran and US exchange air strikes near Strait of Hormuz, escalating conflict

The post Hormuz traffic nears normal by mid-June, markets show No bias appeared on BitcoinEthereumNews.com. realtime news May 31, 2026 18:03 On a note from mid-June, more ships slip through the Strait of Hormuz as tensions ease and navigation costs show signs of stabilization. Hormuz traffic nears normal by mid-June, markets show No bias Developments The Strait of Hormuz traffic began to normalize as merchant vessels resumed routes, with recent reporting indicating more ships traversing the waterway. Traders on Polymarket have started pricing around the question of whether traffic will return to normal by mid-June, tying the contract to a clear near-term event window. Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats, according to ongoing coverage of maritime traffic and regional tensions. Reports describe a gradual uptick in vessel movements after a period of disruption, with U.S. and a

The post US President Donald Trump says Iran really wants to make a deal appeared on BitcoinEthereumNews.com. US President Donald Trump said that Iran really wants to make a deal, and it will be a good one for the United States (US) and those that are with us. His comments came after US Central Command (Centcom) stated that it struck targets in Iran over the weekend. “Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us. But don’t the Dumocrats, and various seemingly unpatriotic Republicans, understand that it is MUCH tougher for me to properly do my job and negotiate, when political hacks keep negatively “chirping,” at levels never seen before, over and over again, that I should move faster, or move slower, or go to war, or not go to war, or whatever. Just sit back and relax, it will all work out well in the end – It always does! President DJT,” said Trump on Truth Social. Market reaction  At the time of writing, the West Texas Intermed

The post WTI US Oil Price Forecast: Rises to near $88.50 as Kuwait under attack, uptrend remains intact appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.45 during the early European trading hours on Monday. WTI price attracts some buyers following the Kuwaiti military reports of a missile and drone attack. Traders will closely monitor the Middle East developments and the US-Iran peace deal progress.  The Guardian reported on Monday that Kuwait’s armed forces said that the country’s air defense systems were intercepting hostile missiles and drone attacks after air raid sirens sounded and emergency alerts were issued nationwide. Minutes after Kuwait reported coming under attack, US Central Command (Centcom) said it had conducted “strikes on Iranian radar and command and control sites for drones” over the weekend. Meanwhile, Iran’s Islamic Revolutionary Guards Corps (IRGC) said that it targeted an airbase used by the US

The post U.S. crypto seizures shift bets on Iran invasion by 2027 appeared on BitcoinEthereumNews.com. Joerg Hiller May 31, 2026 18:02 In late May 2026, U.S. officials seized roughly $1 billion in Iranian crypto as part of Operation Economic Fury to curb Tehran’s overseas revenue. U.S. crypto seizures shift bets on Iran invasion by 2027 Developments The U.S. seizure of about $1 billion in Iranian crypto under the Operation Economic Fury was announced in late May 2026, as authorities said the action aimed to cut Tehran’s funding channels. Traders on Polymarket are now re-pricing the contract tied to whether the U.S. will invade Iran before 2027, with the leading No outcome reflecting a shift in sentiment. The United States said it seized roughly $1 billion in cryptocurrency tied to Iran as part of a broader campaign to curtail Tehran’s access to overseas revenue and financial networks. Officials described the action as part of Operation Economic Fury, aimed at squeezin

Escalating US-Iran tensions risk destabilizing the region, potentially leading to broader military conflicts and impacting global energy markets. The post US strikes Iranian targets along Strait of Hormuz amid rising tensions appeared first on Crypto Briefing.

Geopolitical tensions highlight crypto's vulnerability to external shocks, prompting regulatory scrutiny and potential market instability. The post US strikes Iranian military sites as Bitcoin drops below $73K on surging geopolitical risk appeared first on Crypto Briefing.

The post 3 Things That May Move Bitcoin Price This Week appeared on BitcoinEthereumNews.com. A busy week of US labor market data lies ahead as crypto continues to cool amid increasing macroeconomic headwinds. Crypto markets remained flat over the weekend following heavy losses last week. Bitcoin and Ether remain weak, with no immediate catalysts to spur a recovery. Meanwhile, fresh labor market data and updated readings on manufacturing and services activity are on the table this week. “We also await further details about a potential US-Iran deal, which appears to be dragging on again,” said the Kobeissi Letter. Economic Events June 1 to 5 May’s ISM Manufacturing PMI report is due on Monday, which will shed light on the US manufacturing sector. This is followed by April’s JOLTS Job Openings data on Tuesday and May’s ISM Non-Manufacturing PMI data on Wednesday. Initial Jobless Claims data is on Thursday, and the big May Jobs Report is due on Friday. The labor market data is keenly eye