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Hormuz Strait deal sends oil plunging, Bitcoin remains stable

Scott Bessent announces an imminent deal on the Strait of Hormuz, causing oil prices to plummet.

Published 7sem2 sourcesConfirmedMajorupdated 6sem
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The fact

Bitcoin barely reacts to this major geopolitical easing.

Stock markets, however, reach all-time highs.

2 sources — click a link to read an article on the topic:

Why it matters

Un accord sur le détroit d'Ormuz pourrait stabiliser les prix du pétrole et réduire les risques de conflit armé dans une zone stratégique pour le commerce mondial.

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