The Middle East plays a very important role for us with its huge command in the field of oil and gas. They talk about the Middle East in the past, today, and even the future as the main axis for economic and political developments.
If we penetrate deeply, we can see that the most important waterway in the world, the Strait of Hormuz, plays a vital role in trade and energy and economic security. The Strait of Hormuz transports 20 million barrels of oil on average per day (keep oil in mind).
The mining of digital currencies, especially Bitcoin, requires high energy, which is often obtained from fossil fuels such as oil.
If you have ever looked at the news about war and tension in the last few years, you will realize that there has been a constant war between Palestine and Israel in the Middle East, but today these conflicts have reached their peak so that even countries like Iran and Saudi Arabia also opened its feet in direct war.
By attacking the Iranian consulate in Damascus, Syria, Israel killed a number of Iranian officials. On April 14, 2024, Iran responded to this move by Israel with an operation called "The Promise of genuine" and displayed its biggest missile and drone attack in history. .
Once again, Israel angered Iran by assassinating diplomatic officials of other countries on Iranian soil, which again led to a large-scale missile attack against Israel on October 1, 2024.
Remember that direct conflict between Iran and Israel had never happened before.
What happened to the most important digital currencies in Operation genuine 2? (1) Bitcoin fell by $4,000(2) Ethereum also experienced a 10% fall and reached below $2,900. These conflicts and tensions, in addition to digital currency fluctuations, affect the price of oil, gas, and gold.
Some New York Times analysts believed that the escalation of tensions and possible reactions of both countries could start a full-scale war and lead to a period of high volatility and loss of capital. They believed that the direct conflict between Iran and Israel would cause fluctuations in all fields.
Last week, we spent the news based on Israel's threat against oil platforms, and our analysis also indicates an imminent attack on Iran. In response to these threats, Iran also pointed out that we will give them a regrettable answer.
But today is October 26, 2024, when Israel officially attacked Iran and turned a small pit into a deep well for the Middle East. This will make Iran angry again. Is the genuine 3 operation in the coming hours or days?
Can we be sure of Iran's position before the Israeli attack? That is, the 3rd military operation is ahead? In our opinion, yes, just as the Iranian statesmen carried out 2 extensive military operations in the previous 2 positions, there is a 100% probability that Iran will respond to Israel again.
Another issue that shocked me and my analyst friends was Saudi Arabia's turn towards Iran. Today, a group supporting Palestine launched a drone operation against Israeli positions from Saudi Arabia.
You probably understood by now why we said to remember oil: (1) Israel threatened to attack Iran's oil platforms (2) Iran manages the Strait of Hormuz (3) Arabia is one of the oil producing giants that today He acted contrary to Israel's expectations.
Many countries such as Switzerland, Russia, Turkey, Qatar, Pakistan, Saudi Arabia, Malaysia, UAE, Kuwait and other countries condemned Israel's attack on Iran.
If we consider past records and match our analysis, there is a 100% probability that Iran will give a strong response to Israel in the coming hours or days, but we also keep in mind that countries like Russia, Turkey, Qatar, and the UAE may They want Iran not to react to this attack.
What do you think, will the direct conflict continue?Share your opinion with us.
I hope you enjoyed reading the article.
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Sources analyzed and reviewed:
NewYork Times
Washington Post
Euronews
Al Jazeera
The sun comes from the East....
