Iran launches Hormuz Safe, a Bitcoin-backed maritime insurance platform for Strait of Hormuz transit, targeting $10B revenue and reshaping crypto's role in trade finance.
Oil prices surge as tanker fleet disruption meets fading US-Iran peace hopes. Analysis of supply shock and geopolitical risk.
Traders adopt the 'NACHO' trade amid fears of prolonged Strait of Hormuz disruption, while oil prices edge higher on fragile ceasefire.
Defense Secretary Hegseth confirms Iran ceasefire intact despite UAE attacks and Strait of Hormuz tensions.
Danish shipper Maersk's vessel transits Strait of Hormuz under US protection, easing supply fears and lowering crude prices.
Asian countries turn to US for oil amid Strait of Hormuz disruptions, keeping the dollar steady as peace hopes linger.