In 2025, international politics and economics are experiencing significant changes, particularly due to new US sanctions against Russia and Iran. These sanctions are having a notable impact on global oil and financial markets.
The US Department of the Treasury announced new sanctions targeting Russian oil companies and 183 individuals involved in the transportation of Russian oil. These measures are part of a broader strategy to limit Russia's financial resources. The sanctions are also aimed at preventing financial institutions from supporting military operations.
The impact of these sanctions has led to a decrease in the supply of oil, which in turn has influenced the cryptocurrency market. The price of Bitcoin (BTC) has seen a negative impact, while the value of major altcoins like XRP, SOL, and ETH has fluctuated. XRP rose by 6% to $1.935, its highest level in 10 weeks. Ethereum (ETH) also saw some gains.
Analysts at JP Morgan predict that the rise in oil prices could lead to an increase in inflation in the US, potentially reaching 5%, the highest since 2023. This could prompt the Federal Reserve to raise interest rates to curb inflation.