US Central Command strikes two Iranian-flagged tankers in Gulf of Oman, triggering crypto liquidation cascade

US Central Command attacked two Iranian-flagged tankers in the Gulf of Oman, escalating tensions and triggering a surge in oil prices and volatility in the crypto market. Approximately $300 million in crypto futures were liquidated as Bitcoin plunged below $80,000, reflecting heightened risk aversion. This event highlights the potential impact of geopolitical risks on global financial markets.