According to Crypto Rover, Iran's parliament recently discussed the possibility of closing the Strait of Hormuz, but lacks the actual authority to take such action, as this decision rests with the Supreme Leader and Iran’s Security Council (source: Crypto Rover on Twitter, June 23, 2025). As a result, both oil and global financial markets, including the cryptocurrency market, remain stable for now. Traders should note that despite heightened geopolitical rhetoric, there is no concrete threat to energy supply routes at this time, keeping volatility in oil prices and major cryptocurrencies like BTC and ETH subdued. Continued monitoring is advised for any escalation that could trigger broader risk-off sentiment across crypto assets.