Iran's IRGC warns vessels to avoid the Strait of Hormuz for safety, citing heightened tensions and military confrontations in the region.

Iran's Persian Gulf Strait Authority closes the Strait of Hormuz to all vessels amid US tensions, while Bitcoin-backed marine insurance emerges as a crypto

Iran's IRGC Navy halts all commercial transit through the Strait of Hormuz, threatening one-fifth of global oil trade and driving Bitcoin volatility.

Iran's IRGC warns vessels to avoid the Strait of Hormuz for safety, citing heightened tensions and military confrontations in the region.