Biggest Oil Shock in 45 Years: What Happens to Bitcoin If Oil Price Hits $175?

The post Biggest Oil Shock in 45 Years: What Happens to Bitcoin If Oil Price Hits $175? appeared first on Coinpedia Fintech News The Strait of Hormuz has been effectively closed for more than two weeks. Oil has surged more than 40% from pre-war levels, now trading around $103 a barrel. The United States has bombed military targets on Kharg Island – Iran’s main oil export terminal – and threatened to strike its oil infrastructure next if the …