On April 13, Trump stated that due to Iran's actions regarding the Strait of Hormuz, the entire world is relying on the U.S. for oil. "We will implement blockade measures tomorrow at 10 AM... Other countries are also working to ensure that Iran cannot sell oil, and this will be very effective! Many ships are heading to our country, refueling, and then leaving to transport this oil, so they won't have to cross the Strait of Hormuz. This issue will ultimately be resolved. The whole world is relying on the U.S. Thanks to the 'Drill, Baby, Drill' campaign, our oil reserves have increased, surpassing the combined total of Russia and Saudi Arabia. The current situation is that ships are arriving, refueling, and no longer needing to cross the Strait of Hormuz!" (Jinshi)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Trump: The World Relies on the U.S. for Oil Without Crossing the Strait of Hormuz
-
Wechat scan to share
Recommended for you
-
BTC Surpasses $71,000
Market data shows that BTC has surpassed $71,000, currently priced at $71,007.73, with a 24-hour decline of 2.79%. The market is experiencing significant volatility, so please ensure proper risk management. -
ETH Falls Below $2200
Market data shows that ETH has fallen below $2200, currently priced at $2199.99, with a 24-hour decline of 3.64%. The market is experiencing significant volatility, so please ensure proper risk management. -
Bitcoin miners face a tougher road to the 2028 halving
Bitcoin miners are heading toward the 2028 halving with thinner margins, tighter power markets and a growing need for capital discipline.
-
ETH Surpasses $2200
Market data shows that ETH has surpassed $2200, currently priced at $2201.53, with a 24-hour decline of 3.92%. The market is experiencing significant volatility, so please ensure proper risk management. -
Bitcoin price falls under $71K as US-Iran war tensions spark sell-off
Bitcoin price sold off as negotiations to end the US-Iran war broke down and the Strait of Hormuz returned to the spotlight.
-
Strategy's Michael Saylor signals impending Bitcoin purchase
The company has completed 105 Bitcoin transactions since 2020 and is playing contrarian as it continues accumulating BTC via corporate debt and equity financing
-
BTC Surpasses $71,000
Market data shows that BTC has surpassed $71,000, currently priced at $71,007.05, with a 24-hour decline of 2.81%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Falls Below $71,000
Market data shows that BTC has fallen below $71,000, currently priced at $70,974.17, with a 24-hour decline of 2.69%. The market is experiencing significant volatility, so please ensure proper risk management. -
Trump: U.S. Navy to Begin Blockade of Strait of Hormuz
U.S. President Trump: The talks between the U.S. and Iran are going well, with most topics reaching a consensus, but the only truly important nuclear issue has not been resolved. Effective immediately, the U.S. Navy will begin a blockade of any vessels attempting to enter or exit the Strait of Hormuz. I have also instructed the U.S. Navy to search and seize every ship in international waters that has paid a toll to Iran. -
U.S. Negotiation Team Members Have All Left Pakistan
On April 12, a U.S. official stated that after the U.S.-Iran talks concluded, all members of the U.S. negotiation team have left Pakistan. The official noted that personnel, including Witkoff, Kushner, and the technical team, did not remain in the capital of Pakistan, indicating that both sides will not immediately resume direct negotiations. Earlier that day, Vance mentioned at a press conference in Islamabad that the U.S. has not reached a consensus with Iran and will return to the United States. The negotiations between the U.S. and Iran in Islamabad ended on the 12th without any agreement. The Iranian side stated that the talks were conducted in an atmosphere of 'distrust and suspicion,' with both sides having differences on two or three key issues. The U.S. side claimed that it had clearly outlined its 'red lines,' but the Iranian side did not accept the U.S. conditions.
Daily Must-Read
-
US CPI comes in lower than expected, but April rate cut still unlikely
-
Hong Kong grants first stablecoin licences to Anchorpoint and HSBC
-
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
-
Payment Physics — PayStill Captures the “Lost Surplus Value”
-
Anchoring the Origin of Capital — How PayStill Builds a “Nasdaq-Grade” Foundation on the Web3 Frontier
-
Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind
All Comments