Iran War Triggers Oil Price Frenzy: Here’s Why $120 Oil Price Demands Bitcoin Layer 2
By staff writer
March 9th, 2026
The growing Iran war is causing a frenzy in global oil markets, as an effective closure of the Strait of Hormuz triggers $120 oil price. U.S. oil has spiked above $120 a barrel in pre-market trading, after continued escalations in the Iran conflict disrupted key supply lines across the Middle East and heightened global energy […]
