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Hormuz Tensions Escalate, Iran Issues Threats, Crypto Sees Wild Swings

18 Apr 2026, 12:00 - 16:00 (UTC)
1. Iran has reportedly attacked several commercial vessels in the Strait of Hormuz, prompting a U.S. military maritime blockade that has already turned around 23 ships.
2. Iran's First Vice President explicitly stated that Iran will take its rights on the "battlefield" if negotiations fail, asserting control over the Strait of Hormuz.
3. The RAVE token experienced extreme volatility, plummeting over 63% from $24.42 to $8.88 before rebounding, highlighting significant risk in the crypto market.
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