Strait of Hormuz remains effectively blocked as NATO, Iran tangle over shipping security
The Strait of Hormuz remains largely impassable months into the U.S.-Israeli war against Iran, with traffic at a fraction of pre-conflict levels.
NATO is considering escorting ships through the strait if it remains closed by early July, though the proposal lacks unanimous support.
Iran has launched a Bitcoin-based shipping insurance scheme to generate revenue and potentially establish a toll regime in the waterway.
At least eight undersea telecom cables traversing the strait face potential Iranian interference, threatening global internet infrastructure.
U.S.-Iran peace talks remain stalled, with both sides demanding conditions the other considers unacceptable.
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