Iran calls for "protection fees" on internet cables in Strait of Hormuz

Iran is escalating tensions by demanding ‘protection fees’ for undersea cables passing through the Strait of Hormuz. Iranian media claims these cables handle over $10 trillion in daily American financial transactions, potentially disrupting the global digital economy if interrupted. Recent clashes between US and Iranian forces, coupled with Iran’s warnings of retaliatory strikes, suggest a heightened risk of further escalation.