A ship paid $2 million to pass through the Strait of Hormuz, highlighting the crisis in this critical oil corridor. After US-Israeli airstrikes, Iran closed the strait on March 4, attacking vessels and causing tanker traffic to plummet over 90%. President Trump threatened that if Iran does not restore passage by Monday, he will destroy Iran's power plants. Brent crude oil prices soared above $100 per barrel, with warnings that prices could reach $150 per barrel. Although oil market volatility has affected expectations for rate cuts, as speculative leverage cools, Bitcoin prices have consolidated between $67,000 and $71,000.