The announcement came with little warning. Iran’s Central Military Command stated on state television that it would once again block the Strait of Hormuz, the narrow chokepoint through which nearly 20% of global crude oil passes. The move, described as an “initial response” to Israeli violations of a Lebanon ceasefire and what Iran called a failure by the United States to honor the first provision of a preliminary agreement, marks a sharp geopolitical escalation. For crypto markets already navigating institutional flows and shifting macro winds, the threat of a sustained supply disruption is not a distant noise—it is a volatility trigger with immediate implications for mining economics, risk appetite, and the safe-haven narrative around Bitcoin. The details come from the original report published on WuBlockchain.