Israeli election deadlock threatens oil, stocks and crypto markets
- —Netanyahu's Likud wins 24 seats, Eisenkot's Yashar 22; neither side reaches 61
- —Turnout was 77.7%, with Arab parties projected at 18 seats versus 10 previously
- —Brent crude trades at $113.88, already carrying a geopolitical risk premium
- —About 25% of global seaborne oil trade passed through the Strait of Hormuz in 2025
Why it matters: A diplomatic breakthrough could ease oil and inflation and support bitcoin; new strikes on Gulf energy sites would do the opposite.
Source: BeInCrypto DE