Iraq, the second largest oil producer in OPEC, yesterday released a shocking quote: Basra medium-quality crude oil, discounted by $33.4 per barrel!

What does this mean? Almost selling oil at a loss!
But there is only one condition — the oil tanker must brave the passage through the Strait of Hormuz and deliver the cargo deep into the Persian Gulf.
What’s even more intense is that the notice clearly states: “Force majeure clause does not apply.”
To put it simply: if it gets bombed or detained on the way, you bear the consequences yourself, don’t come to me for compensation!
What signal does this send?
The oil pipeline in the Middle East is so tight that it’s now a matter of risking life for a discount.
Crypto fans, do you still think Bitcoin’s volatility is “risk”?
The real storm is in the physical world — the Strait of Hormuz transmits 20% of the world’s oil daily.
If something really happens, oil prices will skyrocket like a rocket, inflation will rise again, and will the Fed dare to cut interest rates?
Risk assets will be the first to be hammered.
But conversely, in chaotic times, Bitcoin, this “digital escape ticket,” will instead be tightly held by those with foresight.