US Demands Oman Clear Stance on Iran as Japan Deploys Record 11.73 Trillion Yen Forex Intervention

According to BlockBeats, on June 2, the US allegedly demanded Oman, traditionally neutral, to take a clear stance between Iran, while Iran signaled willingness to block the Strait of Hormuz and Strait of Mandeb. Despite US President Trump's indication that an agreement could be reached within a week, substantive divergences remain on deal terms.

Simultaneously, Japan deployed a record 11.73 trillion yen in a single month to support the yen, which is testing the 160 level. The Finance Minister reiterated readiness for further intervention, signaling global major economies face dual pressures of capital flows and currency stability. Crypto investors are watching global funding costs and risk appetite shifts; escalating Middle East tensions could further impact energy prices and inflation expectations, while breakthrough in US-Iran talks could improve market risk sentiment.

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