US Treasury revoked General License X, impacting Iranian oil transactions. While crude oil prices rose due to tanker attacks near the Strait of Hormuz, Bitcoin remained stable, raising questions about market confidence and future inflation impacts.
Three Indian crew members were killed when the US Navy attacked merchant ships off the Oman coast; India lodges strong protest with the US.
The U.S. Treasury Department sanctioned Nobitex, Iran's largest crypto exchange, and three other platforms for allegedly facilitating terrorist financing and sanctions evasion. The Treasury claims these exchanges processed hundreds of millions of dollars in stablecoins to support the Iranian rial and fund illicit activities linked to the IRGC.
Political streamer Hasan Piker is under federal investigation following subpoenas related to his March 2026 Cuba trip. Authorities are probing potential violations of U.S. sanctions laws concerning financial or travel activities with Cuban government-linked entities. Piker denies wrongdoing, stating he "stayed at the right hotel."
Political streamer Hasan Piker is under federal investigation following subpoenas related to his March 2026 Cuba trip. Authorities are examining potential violations of U.S. sanctions laws concerning financial and travel activities with Cuban government-linked entities. Piker denies wrongdoing, stating he stayed at an appropriate hotel.
The US has threatened sanctions against shipping companies paying Iran tolls to transit the Strait of Hormuz, which has been effectively closed following US and Israeli strikes on Iran starting in late February. Traffic is now restricted to an IRGC-controlled corridor where vessels pay $1 million to $2 million in fees, with at least two ships paying in yuan. As approximately 2,000 ships and 20,000 seafarers remain stranded, President Trump announced Project Freedom—a humanitarian initiative involving 15,000 personnel, guided-missile destroyers, and over 100 aircraft—to assist neutral vessels.
