Iran’s move is quite ruthless—ostensibly protecting the northern sea route, but in reality targeting southern routes. It’s plainly trying to pressure the Gulf countries, while also testing the limits of the United States. Just after the interim agreement was signed, it flipped its stance; in Middle East power games, they’ve never played fair—only leverage matters.

Crypto news: Iran has attempted to shut down the Strait of Hormuz shipping lane that the U.S. Navy protects, causing tensions in the region. Iran attacked three oil tankers this week, prompting Washington and Tehran to escalate their strained relations. Analysts say this round of conflict is the most significant escalation since February. The U.S. energy minister said Iran will not be able to continue controlling the Strait of Hormuz, and the United States will ensure passage through the strait. Despite a temporary agreement between the U.S. and Iran in which Iran pledged safe passage for commercial vessels, Tehran insists that only the northern route through its territorial waters can provide safe passage. The attacks are seen as targeted disruption by Iran of the southern route, intended to send a message to Gulf countries.