🚨 The real driver isn’t geopolitics — it’s oil.

If the Strait of Hormuz gets disrupted, nearly 20% of global oil supply is at risk. There’s no real bypass — that’s when oil doesn’t grind higher, it spikes ($100+ fast, $130–$150 in extremes).
An oil shock hits everything: inflation, yields, liquidity, equities.
Crypto may look calm, but a sharp oil gap can trigger a brutal risk-off open.
Watch oil first. Everything else follows.