Global Markets on High Alert as Iran Prepares to Manage Strait of Hormuz

Iran has revealed that it has put mechanisms in place to manage the critical waterway of the Strait of Hormuz. According to reports, further details will be announced soon.

In related news, Intesa Sanpaolo has significantly increased its cryptocurrency exposure in the first quarter, with an estimated value of approximately $235 million.

Meanwhile, Elon Musk has quashed speculation about selling his SpaceX shares, stating that he will not be divesting any stock.