🚨 Iran may close the Strait of Hormuz following attacks by Israel, according to Iranian MP Esmail Kosari, as reported by the Rokna portal.

The Strait of Hormuz accounts for up to 30% of global LNG supplies and nearly 20% of the world's oil and petroleum product exports.

🚨 Israel has reportedly begun targeting Iran's oil and gas infrastructure, according to Fars news agency. Attacks have been launched on oil storage facilities, fuel bases, and gasoline reserves. Additionally, RTRS reports that a gas field in the Persian Gulf has also come under attack, with the northern part of the field owned by Qatar.

🛢 Oil prices could rise to $300 per barrel due to escalating tensions in the Middle East, stated Iraqi Foreign Minister Fuad Hussein.

⚠️🇮🇷 Iran has vowed to continue its strikes with full force. The Iranian Foreign Minister stated that the country is ready to sign an agreement ensuring it does not possess nuclear weapons, but emphasized that if the aim is to strip Iran of its nuclear rights, such a deal will not occur. Tehran claims that US military forces in the region aided Israel in attacks on Iran. For the first time since the conflict began, air defense systems were activated in Tehran during daylight. Netanyahu promises more strikes ahead. According to Al Arabiya, a senior Israeli official stated that if Israel does not destroy the reactor in Fordow, the entire operation will be futile.

🌍 Tensions between Iran and Israel are impacting the markets, currency, and oil prices. A comprehensive analysis is available in a new video. 🔥 Watch it here: https://youtu.be/zEGufS3G9cY.

The same video is also uploaded on RUTUBE; click here: 👉 Watch on RUTUBE!.

For more insights, check out useful posts on the Gulf of Hormuz and major oil companies like Surgutneftegas, Astra, Rosneft, NMTP, and Sovcomflot.

Have a great day, friends! 👍

🌍 Key events for this week include the G7 summit starting on June 16, with discussions on sanctions against Russia. On June 17, Japan will announce its central bank interest rate, while the US will report retail sales and industrial production. June 18 marks the opening of the St. Petersburg International Economic Forum, alongside important US economic indicators. June 19 is Juneteenth in the US with no trading. The forum continues through June 21, featuring discussions on global economics. For more details on token unlocks, click here.

🇷🇺 President Vladimir Putin will participate in the St. Petersburg International Economic Forum (PMEF) and will engage in discussions with representatives from international news agencies, as reported by Russia 1 channel. The forum is scheduled to take place from June 18 to June 21.

⚠️🇮🇷 Iraqi Prime Minister Mohammed al-Sudani announced Iraq's readiness to assist Iran in addressing the repercussions of Israeli strikes, according to a recent press release. Meanwhile, Iranian President Pezeshkian urged Iraq to enhance its airspace defenses to prevent Israel from utilizing it for attacks against Iran. In response, Iraq plans to file an official complaint with the UN Security Council regarding Israel's violations of its airspace.

🛢 The oil tanker market is experiencing turmoil due to the Israel-Iran conflict, prompting shipping companies to raise freight costs amid rising risks. For more details, visit BBG.

🚨🌍 Turkey will increase the toll for ships passing through the Bosporus and Dardanelles straits by 15% starting July 1, raising the cost to $5.83 per ton, according to NTV.

🌍 Gemini and Coinbase plan to obtain licenses in Malta and Luxembourg in accordance with the new MiCA regulations, which will allow them to operate across all 27 EU countries. The move comes amid a growing regulatory rift, as both companies seek to expand their presence in the European market. For more details, visit the full report: here.

⚠️ The ZKJ token has plummeted by 50% in less than an hour, with no news to explain the dramatic drop. This sudden collapse has raised concerns among investors and analysts in the crypto market. The reasons behind this volatility remain unclear. For more information, visit here.

🌎 Trump has declared a vision for the Middle East, stating, "Let's make the Middle East great again!" The former president emphasized his commitment to revitalizing the region, underlining the importance of strategic partnerships and economic growth. Trump's remarks come as geopolitical tensions continue to shape the landscape of international relations in the area. For more details, visit this link.

🛢 Experts in the media increasingly note that OPEC+'s decision to raise oil output despite falling prices now appears less illogical. Speculation is mounting that the cartel responded to pressure from the U.S. to boost production ahead of the Israel-Iran conflict. Tehran claims that the Trump administration was aware of Israel's plans for a military operation against Iran.

🚨 Iran's Nuclear Talks: Trump Speaks Out

In an interview with ABC News, former President Donald Trump stated that there is no deadline for Iran to return to nuclear negotiations. He also indicated that the United States might intervene in the escalating conflict between Iran and Israel. Additionally, Trump mentioned that Russian President Vladimir Putin is prepared to assist in resolving the situation. For more details, visit ABC News.

✨🇺🇸 MicroStrategy is set to report new Bitcoin purchases tomorrow. CEO Michael Saylor has released a tracker for BTC acquisitions. The company consistently updates its Bitcoin purchases the day after they occur.

💥 Spot inflows into BTC ETFs continue to surge, reaching historically high levels, according to Farside. These inflows are considered one of the main bullish drivers in the market.

⚠️🛢 A significant rise in oil prices due to the conflict in the Middle East may trigger a resurgence of inflation in the United States. In response, the Trump administration could again tap into the U.S. Strategic Petroleum Reserve (SPR) to intervene in the oil market, according to analysts from the Financial Times. Recently, the head of the IEA also expressed readiness to conduct market interventions.

🚫 The Russian communications watchdog, Roskomnadzor, stated there are no grounds to lift restrictions on YouTube and Instagram, the latter being banned in Russia and owned by Meta, which has been designated as extremist in the country.

🚨🛢🇷🇺🇪🇺 American businessman Stephen Lynch has settled the debt of the gas pipeline operator Nord Stream 2 to its creditors. Lynch aims to acquire the pipeline to formally remove it from Russian control. If the deal goes through, Europe could resume gas supplies from Russia, as Nord Stream 2 would be officially owned by American investors, according to Die Zeit.

⚠️🇮🇷 Experts warn that if Israel cannot eliminate Iran's nuclear program, which is deeply buried, both nations may be trapped in an endless conflict. A senior Israeli official stated that Israel is currently not interested in a ceasefire, as the country has not yet achieved all its objectives, primarily targeting the destruction of Iran's nuclear capabilities. — Axios