The War Premium Is Priced in Latency: Herzog's Warning Hits Compute, Not Just Crude

The Strait of Hormuz isn't a blockchain, but it might as well be for how the market is treating it this morning. Israeli President Isaac Herzog's sharp rebuke of Mahmoud Mamdani, coupled with a renewed warning on the Iranian threat, isn't just another round of diplomatic noise. It's a latency spike in an already jittery network of global risk assets, and crypto is feeling the ping before the traditional markets have even finished their first cup of coffee. Oil futures are twitching. Defense stocks are humming. But the real signal, the one most retail portfolios are missing, is how this geopolitical friction is rerouting the flow of energy, capital, and—most critically for us—compute.