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Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan

Bloomberg Markets · May 18, 2026, 3:26 PM · Also reported by 4 other sources

The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by Iranian-linked vessels. There were few notable foreign-affiliated movements amid reports of Iran’s Bitcoin-backed insurance program for shipping companies willing to tr

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Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan

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