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Financial Times: Iran is charging some oil tankers millions of dollars in protection money to ensure their safe passage through the Strait of Hormuz

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On March 20 (Wednesday), the Financial Times reported that a tanker operator paid Iran $2 million to ensure safe passage for its vessel through the Strait of Hormuz. The report noted that Iran is now charging "privileged" nations millions of dollars per tanker to secure safe transit through the strait.
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The US 10-year Treasury Yield Rises to 4.33%

On March 20, the U.S. 10-year Treasury yield climbed to 4.33%—its highest level since August 2023. (FX168)

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The US is deploying three warships and thousands of Marines to the Middle East

March 20 — Market sources report the U.S. is deploying three warships to the Middle East and sending thousands of additional Marines to the region. Some 2,200 to 2,500 Marines with the Boxer Amphibious Ready Group are en route to the area, following another deployment earlier this week. Though President Trump has stated he has no plans to deploy ground troops to Iran, the military buildup continues.

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In the last 24 hours, no oil tanker loaded crude oil has passed through the Strait of Hormuz

March 20 | Market News: No crude oil tankers have transited the Strait of Hormuz over the past 24 hours.

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Trump: Without American Leadership, NATO Is Just a “Paper Tiger”

March 20 — Donald Trump posted to his Truth Social platform slamming NATO allies for declining to join U.S.-led action against Iran, claiming the U.S. led the effort and emerged victorious. Trump also noted allies are now griping about high oil prices but failed to assist in reopening the Strait of Hormuz— a task he called simple and low-risk. He warned the U.S. would not forget the lack of support, declaring NATO is a "paper tiger" without U.S. leadership.

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Based: The token airdrop will be distributed to Hyperliquid wallet users on TGE day

On March 20, cross-chain trading platform Based announced that its $ASED airdrop tokens will be directly distributed to users’ Hyperliquid wallets on the TGE day—no manual claiming required—to guarantee a seamless experience and avoid claiming bottlenecks. Eligible recipients may designate their preferred receiving wallet via the airdrop lookup page. Users must set up or update their receiving wallet by 12:00 UTC on March 25. Failure to specify a preferred wallet will result in tokens being sent to the default address.

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US Stock Market Opens Down, Crypto-Related Stock BMNR Drops Over 2%

On March 20th, per Bitget market data, U.S. stocks opened lower: the Dow Jones Industrial Average fell 0.26%, the S&P 500 dropped 0.29%, and the Nasdaq Composite slid 0.47%. Crypto-related stocks tracked the broader market’s decline. As of press time, MSTR is down 1.34%, BMNR 2.01%, CRCL 0.16%, and COIN 1.14%.

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