
#US military strikes Iran's Qeshm Island again, disagreements remain over reopening the Strait of Hormuz
About US military strikes Iran's Qeshm Island again, disagreements remain over reopening the Strait of Hormuz
On November 6, Trump confirmed that the US military launched a "small strike" on Iran's Qeshm Island, destroying an air defense installation, while stating that Iran is very eager to reach an agreement. Iran's Security Council responded that it depends on the actual measures taken by the US side and does not accept paper promises. Brent crude oil fell nearly 17% over the week, the navigation issue in the Strait of Hormuz remains unresolved, and a ship explosion occurred near the Gulf on November 5. With geopolitical risks unresolved, oil prices and the crypto market are reassessing the direction of events. BTC on November 7 at 12:00 UTC was about $75,917, down 0.21% in 24 hours, with a daily change in contract positions of -2.0%.