Brent crude rose above $100 a barrel and later held near that level as reported U.S. strikes in Iran, stalled or mixed diplomatic signals, and discussion of possible Strait of Hormuz transit charges heightened geopolitical and shipping risk. Coverage from Crypto Briefing, CNBC, and Gate links the move to broader market stress, with WTI rebounding toward the mid-$90s, concerns about tanker-flow disruption and inflation, roughly $300 million in crypto liquidations, and elevated trading activity on Hyperliquid. The reporting also reflects unresolved discrepancies over strike locations, participants, and casualties, while underscoring that traders are focused on the risk that tensions around Iran and the Strait of Hormuz could keep pressure on energy and digital-asset markets.