Following Israeli strikes on June 14, the odds of Iran closing the Strait of Hormuz have surged to 47%, significantly raising concerns over global oil supply and prices. With tensions escalating, potential retaliation from Iran could severely impact oil markets.
On June 12, Ripple Labs and the SEC jointly filed a motion requesting the court to dissolve an injunction affecting XRP, seeking clarity and resolution in this high-profile legal case. Their request aims to streamline proceedings and avoid prolonged litigation.
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