Iran is testing a bold idea: charging oil tankers in Bitcoin to dodge US sanctions. The plan targets the Strait of Hormuz, where one-fifth of the world’s oil passes. Instead of dollars or local currency, ships might pay fees in BTC. But how practical is this? Experts debate whether Bitcoin’s speed
Ukraine’s president recently pitched an idea at a global video meeting: teaming up to keep ships safe in the Strait of Hormuz. The strait is a narrow waterway between Iran and Oman that sees a huge chunk of the world’s oil pass through. He argued that how countries handle Hormuz now could set a patt
The chairman of the Eurozone finance ministers, Kyriakos Pierrakakis, told a Washington event that the worst case—stagflation triggered by the U. S. and Israel’s conflict over Iran—is not yet happening. He said that the sharp jump in oil, gas and fertilizer prices caused by a potential shutdown of
Bitcoin recently fell below $71, 000 after a sudden announcement raised tensions in the Middle East. Traders aren’t just reacting to global politics—they’re also taking profits fast. According to blockchain experts, over $20 million worth of Bitcoin changes hands every hour as investors lock in gain
The United Kingdom has decided not to take part in the U. S. plan to block Iranian ports in the Strait of Hormuz. British warships and soldiers will not be used to stop ships from entering or leaving Iran. However, UK minesweepers and drone‑fighting systems will keep working in the area. The Britis
The U. S. President announced that American troops are beginning to clear the Hormuz Strait, claiming all of Iran’s mine‑laying boats have been sunk. He said the process has started and that the 28 Iranian vessels are now resting on the sea floor. Earlier, the President has said U. S. forces have
The United States plans to reopen the Strait of Hormuz soon, President Trump said on Friday. He did not give details but warned that the move will be difficult. Trump also mentioned help from other nations, though he did not name them. He said that “other countries use the strait … and they’ll he
Iran may start charging oil tankers a fee in Bitcoin to pass through the Strait of Hormuz. The waterway is very important because it carries about one‑fifth of the world’s crude oil. The country wants to keep control over this narrow channel and use it as leverage in its dealings with other natio
Iran is pushing a bold idea in ongoing war talks: charging ships to pass through the Strait of Hormuz, a narrow waterway that connects the Persian Gulf to the open ocean. This strait isn’t just any route—it’s a global lifeline. Roughly one-fifth of the world’s oil moves through here, along with food
The United Arab Emirates has made it clear that any agreement between the United States and Iran must keep the Strait of Hormuz open for free navigation. The UAE’s diplomatic adviser, Anwar Gargash, said the waterway is a global economic lifeline and cannot be used as leverage by any country. He a
