The UN shipping agency urged countries to reject Iran’s claim of sovereignty over the Strait of Hormuz and its attempt to control international traffic through the vital waterway.

The IMO condemned Iran's Strait of Hormuz sovereignty claims as Tehran demands Bitcoin transit fees. Here's what it means for crypto and oil markets.

The UN shipping agency urged countries to reject Iran’s claim of sovereignty over the Strait of Hormuz and its attempt to control international traffic through the vital waterway.