Policy & Law
Kenji·
Strait of Hormuz Reopens Amid Fragile Ceasefire and New Transit Tolls
The Strait of Hormuz reopens after a ceasefire, but global shipping faces delays and legal tension over Iran's demand for cryptocurrency transit tolls.
The Strait of Hormuz reopens after a ceasefire, but global shipping faces delays and legal tension over Iran's demand for cryptocurrency transit tolls.
The US Supreme Court ruled 6-3 that Trump's emergency global tariffs under IEEPA are illegal. The ruling may trigger $175 billion in refunds and sets a precedent limiting executive power over trade.