️ Need to catch up on the news? Here's our top 10 from today: Senate Majority Leader John Thune has confirmed the Clarity Act vote is being pushed back to September, according to Politico. Iran is seeking to bar US and Israeli ships from the Strait of Hormuz and demand

What happened

Senate Majority Leader John Thune confirmed the vote on the Clarity Act has been pushed back to September, and Iran is seeking to bar U.S. and Israeli ships from the Strait of Hormuz.

Confirmed

Global impact / market context

Delaying the Clarity Act vote postpones any new crypto‑regulation rules, keeping uncertainty for digital‑asset firms. Iran’s threat to close the Strait of Hormuz could disrupt oil shipments, raising energy prices and affecting global trade.

Analyst inference

Crypto markets remain sensitive to regulatory timing, while oil markets react to Middle‑East tensions; both factors can shift investor risk appetite and influence related asset prices.

Analyst inference

What to watch

1. The Senate’s final schedule for the Clarity Act vote and any amendments, which will determine when crypto firms must adjust compliance and how investors price regulatory risk. Analyst inference
2. Iran’s concrete actions in the Strait of Hormuz, such as actual closures or naval incidents, which could impact global oil flow, shipping costs, and related commodity prices. Analyst inference
3. Reactions from U.S. and Israeli navies, including any escort or deterrence measures, that could affect shipping safety, insurance premiums, and broader geopolitical risk assessments. Analyst inference

Evidence

• x.com