By Jonathan SaulLONDON, July 10 (Reuters) - Countries should reject efforts by Iran to impose sovereignty over the Strait of Hormuz and Tehran's "unilateral decision" to create a body to control traffic through the waterway, the U.N. shipping agency's governing council agreed on Friday.The U.S. and Iran exchanged hostilities this week, including U.S. military airstrikes, prompted by attacks on ships that Washington said Tehran carried out.

Iran called the joint proposal, submitted by the UAE and allied countries to the 187th session of the International Maritime Organisation (IMO) Council, politically motivated and…

Iran asserted authority over parts of the Strait of Hormuz to the UN, triggering US sanctions on crypto exchange Nobitex and raising Bitcoin toll payment