Iran’s Revolutionary Guard Says It Shot Down US MQ-1 Drone Over Strait of Hormuz

The Strait of Hormuz is the chokepoint that gives any Iran-US friction immediate reach into energy markets, so a single downed drone matters less for what it destroyed than for what it signals about the willingness of both sides to test each other in the same narrow waterway. The immediate read-through runs through oil shipping and freight risk, not crypto or RWA markets, which have no direct exposure here. The open question is whether this stays a contained, single incident or becomes a pattern of reciprocal actions, since that distinction is what determines whether it registers beyond a headline.