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Iran Toll Booth Blocks Global Trade

Iran Toll Booth Blocks Global Trade

The closure of the Strait of Hormuz is causing a massive supply chain crisis, with over 600 vessels currently blocked from transit.

Iran is reportedly demanding tolls in cryptocurrency for safe passage, a move the Trump administration has rejected as an illegal imposition on international waters.

The disruption has sent global prices for oil, gas, and fertilizers soaring, threatening food security across Asia and Europe.

Military analysts warn that clearing the waterway of mines could take weeks, even if a permanent peace deal is reached in Islamabad.