1. The EU and Gulf States urged Iran to ensure the Strait of Hormuz remains open without conditions, rejecting any illegitimate claims of sovereignty.
2. UKMTO reported an incident involving a merchant vessel and military forces near Oman, citing ongoing military activity in the region.
3. Abraxas Capital deposited 3 million USDC into Hyperliquid and significantly increased short positions on both Bitcoin and Ethereum.
Geopolitical Tensions, Crypto Shorting, & Middle East Shipping Incident