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Iran consolidates control over Strait of Hormuz, creating energy crisis that ripples across crypto markets
Iran has seized control of the Strait of Hormuz, cutting vessel traffic by over 85% and removing 11 million barrels per day from global supply, with ripple effects hitting crypto markets.
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cryptobriefing.com
Iran controls Hormuz Strait, reroutes global shipping amid crisis
Iran controls parts of the Hormuz Strait, disrupting shipping. Average daily transits by May 31 at 86.5% YES for 0-10 ships.
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Iran explores bitcoin insurance market in Strait of Hormuz
Iran is building a Bitcoin and stablecoin-based maritime insurance platform in the Strait of Hormuz, with the IRGC charging crypto tolls for oil tanker passage.
