Sats per barrel nears 200,000 as Hormuz oil spike outpaces Bitcoin

The satoshis-per-barrel ratio approached 200,000 as Brent held above $119 while Bitcoin slipped to around $60,000 — down from $76,000 in April as the Hormuz war peaked. The PetroSats benchmark has more than doubled since the crisis began. Oil is up over 40% in dollar terms since February; Bitcoin is down. In a shooting war at the world’s most important chokepoint, the barrel repriced faster than the coin.