The closure of the Strait of Hormuz has affected energy supply, driving Brent crude oil prices to 83 USD per barrel and causing Dutch TTF natural gas prices to surge by 50% to 55 USD.
Multiple refinery attacks have halted production, raising concerns over shipping insurance, prompting the US to consider DFC insurance and naval escort to manage these risks.
Amidst these challenges, Bitcoin remains relatively resilient, suggesting it could serve as an indicator for stabilizing market sentiment as the volatility continues.
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