India, May 17 -- US Israel Iran War Latest News: Iran is preparing to introduce a new system to manage maritime traffic through the Strait of Hormuz, including a proposed toll mechanism that could block the passage of what it describes as enemy weapons shipments.
According to Iranian media reports, Tehran has also launched a new maritime insurance platform called 'Hormuz Safe' for ships travelling through the strategic waterway. The platform reportedly offers digital insurance policies and accepts cryptocurrency payments, including Bitcoin, as per reports from IRGC-affiliated Fars News.
The Strait of Hormuz remains one of the world's most important oil transit routes, and growing tensions in the region have increased concerns over global ...