Netanyahu Warns Iran Conflict Continues Amid Oil Market Turmoil

BTCC / BTCC Square / Global Cryptocurrency /

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2026-05-11 09:11:01

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Israeli Prime Minister Benjamin Netanyahu declared the Iran conflict unresolved during a CBS News interview, citing ongoing threats from uranium enrichment and missile programs. The remarks coincided with suspected Iranian drone strikes testing a fragile ceasefire in the Persian Gulf.

Global oil markets remain volatile after Iran's military actions disrupted 20% of the world's crude supply through the Strait of Hormuz. Brent crude futures surged 8% last week as White House negotiators scramble to reopen the critical shipping lane.

Cryptocurrency markets showed muted reaction to the geopolitical tensions, with Bitcoin maintaining its $63,000 support level. Analysts note traditional safe-haven flows have been split between gold and digital assets during the crisis.

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