Four oil tankers turn back from Strait of Hormuz after attacks, and Iran is reportedly demanding Bitcoin for transit

Four oil and gas tankers retreated from the Strait of Hormuz following vessel attacks. Reports indicate Iran is demanding Bitcoin for transit, while the US has revoked Iran's oil waiver. These developments heighten regional tensions and increase risks of military escalation and economic disruptions in global oil markets. Furthermore, the incident underscores the geopolitical risks impacting global oil supply and the potential for increased regulatory scrutiny regarding crypto transactions in these high-risk geopolitical environments.