Hormuz Strait is Last Leverage for Iran Regime
by Brian Wang from NextBigFuture.com on (#741CP)
No specific ships have been reported using this new US insurance to transit safely in the last 24 hours, as the program is brand new and traffic remains halted. Some vessels are reflagging or signaling Chinese ownership to gain passage under Iran's exemptions, rather than relying on insurance. Single-digit transits (1-3 confirmed crossings), far below ...