cryptocurrency Investors have become more enthusiastic as hopes that the talks will be successful have increased. BTC is above $74,700 and the US continues the blockade of Hormuz. Both the Secretary of War and General Caine announced that this operation would continue. The blockade includes the “secret fleet”, so China needs to make more efforts and convince Iran for a long-term solution.
Strait of Hormuz blockade
US Secretary of War Hegseth said that the operation called economic anger has started and it is not clear when it will end. us navy in the Strait of Hormuz controls traffic and Iranian For now, it has limited traffic on its side to avoid increasing tensions. If there is an agreement, there will be no need for a secret fleet or alternative solutions, and this will benefit Iran. The important highlights of the Minister of War’s statement are as follows:
“The US is “re-arming stronger than ever.” Iran likes to say it controls the Strait of Hormuz, but it has no navy.
Threatening to open fire on merchant ships is not control, it is piracy. Energy industry not ‘yet’ destroyed, US blockade halts exports
The US Navy controls traffic in and out of the Strait of Hormuz because the US has a navy and Iran no longer has one.
The USA will continue the blockade no matter how long it takes. “The USA is launching the ‘economic rage’ operation.”
US Chief of Staff Caine said:
“US forces are ready to take immediate action. The blockade applies to all ships traveling to or leaving Iranian ports.
Sanctions will be applied in Iran’s territorial waters and international waters. The United States will pursue any ship that attempts to provide support to Iran. This includes stealth fleet ships carrying Iranian oil.
Ships entering or leaving Iranian ports will be stopped and seized for the purpose of stopping and seizing them. If you do not comply with this blockade, we will use force. 13 ships made the wise choice to turn back. As of this morning, the US military has not boarded any ships.”
Calendar of the day
Resurgent demand for technology stocks has pushed U.S. stocks to new highs, fueled by rising hopes that Washington and Iran may extend a two-week ceasefire. TSMC’s strong sales forecasts supported the stock market as it showed continued demand for AI chips.
No important data will be announced today, but we will follow the speeches of both European and US central bank officials. As the article is being prepared, the opening speech of the Fed’s Williams is starting at the Bank of New York Metropolitan Club. ECB’s Schnabel will speak at 16:00.
from the fed Miran will make a statement about global macroeconomy at the Washington Economic Festival. At 18:40, ECB’s Lane and BoE’s Taylor will speak in Washington. On the 19th, SNB’s Tschudin will make statements at the Money Market Event in Zurich, while Kocher, Radev and Villeroy will make statements in Washington.
