US maintains Hormuz blockade, tightens sanctions on Iran-linked firms
🔴 Tension RisingCrypto Briefing2026-05-12
US President emphasized a non-urgent approach to the situation with Iran, reinforcing the ongoing blockade on Iran’s economy as part of a broader strategy to deter Iran’s nuclear ambitions. This follows the collapse of the JCPOA after the US withdrawal in 2018. Recent sanctions on Iran-linked firms further tighten the economic squeeze on Tehran.