BlockBeats news, on March 22, Garrett Jin, agent of the "BTC OG Insider Whale," posted that "Trump has demanded Iran fully reopen the Strait of Hormuz within 48 hours. The situation has escalated as expected, resulting in three impacts:"
Iran had been engaged in quiet, ship-by-ship negotiations with Japan and had allowed a Greek vessel to pass through the Strait of Hormuz for the first time since March 2. This ultimatum has essentially ended this diplomatic workaround.
Targeting power plants means the conflict is extending to civilian infrastructure. This will not cripple Iran; instead, it will make it more hardened, increasing the likelihood of a prolonged war.
· The Oil Volatility Index (OVX) has risen to 93, while the VIX stands at 24, resulting in a ratio of nearly 4-to-1. Oil price volatility has surged significantly, while stock market volatility has not yet fully reflected this increase.
Oil prices are rising, volatility is increasing, and the conflict cycle is extending.