Hormuz Tensions Threaten Global Oil Supplies and Crypto Markets

The Strait of Hormuz is a critical chokepoint for global energy supplies, with approximately 20% of the world's oil passing through the narrow maritime corridor between Iran and Oman.

Escalating military activity in the region has pushed war-risk insurance premiums sharply higher, with premiums on oil tankers surging over 50%.

This has raised fears of supply disruption and potentially led to a surge in crude oil prices, which could feed into inflation expectations.