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Iran Launches Crypto-Based "Hormuz Safe" Insurance Platform For Ships Crossing Strait
Iran Launches Crypto-Based "Hormuz Safe" Insurance Platform For Ships Crossing Strait
Via The Cradle
The Islamic Republic of Iran has launched a digital insurance platform, titled Hormuz Safe, in order to guarantee safe passage through the Strait of Hormuz and provide coverage for commercial vessels.
The platform will rely on cryptocurrency payments from vessels and is being advanced by the Iranian Economy Ministry, according to a Saturday report by Fars News Agency. "The Ministry of Economy is advancing a plan that would make the management of the Strait of Hormuz possible through insurance...
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May 4, 2026 / Dave DeCamp
Iranian Media: Attack on UAE Oil Facility Result of US ‘Adventurism’ in the Strait of Hormuz
Iranian media reported on Monday that the attack on oil facilities in the UAE’s port of Fujairah was the result of US “adventurism” in the Strait of Hormuz. “Iran had no pre-planned intention to attack the Fujairah oil facilities,” an Iranian military official told the Iranian broadcaster IRIB. “The incident resulted from US military adventurism […]
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Apr 30, 2026 / Tyler Durden
Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives
Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives
Summary
Israeli Defense Minister Katz: "soon we will need to act again in Iran to ensure that the regime cannot threaten Israel for years to come." Oil spikes on this and new reports of Israeli defense build-up at ports, air hubs.
Not giving up nuclear program: Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei said in a written speech read aloud by state TV. It will “secure the Persian Gulf region and dismantle...
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Mar 24, 2026 / Jason Ditz
Israeli Defense Minister Says Israel To Occupy All of Lebanon South of Litani River
Israeli Defense Minister Israel Katz formalized the plan for a military occupation of southern Lebanon today, announcing the intention of the Israeli military to take full military control of a “buffer zone” spanning southern Lebanon from the border with Israel all the way to the Litani River. Before the latest war this region was home […]
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