#iran sanctions

Iran Introduces Marine Insurance Scheme for Strait of Hormuz Vessels

Wednesday / 05/20/2026, 10:04 EST

Iran launches a marine insurance scheme for vessels passing through the Strait of Hormuz, aiming to control the critical waterway and generate $10 billion in revenue.

US Dollar Index Dips on Report of Possible Iran Sanctions Waiver

Wednesday / 05/20/2026, 07:16 EST

The US dollar index dropped 0.25% on Monday after reports emerged that the US proposed a temporary waiver of sanctions on Iranian oil, reversing earlier gains.