Cointime

Cointime

Download App
iOS & Android
Home / Point

Iranian Media: Limited Number of Vessels Allowed Daily in the Strait of Hormuz

According to Iranian media Fars News, military sources have stated that only a certain number of vessels are allowed to pass through the Strait of Hormuz each day, with the specific number adjusted based on daily circumstances.

Comments

All Comments

Recommended for you

  • Agency: Global Memory Market Expected to Reach 150 Trillion Won This Year

    On June 23, Counterpoint Research released its latest forecast, predicting that the global memory market will continue to maintain growth momentum in the first half of 2027. However, the possibility of significant price adjustments in the second half of next year cannot be completely ruled out. The agency expects the global memory market size to reach 150 trillion won this year, with a further growth of 40% to 210 trillion won by 2027. Additionally, the share of server memory is expected to remain high at 56-57%, a significant increase compared to 37% in 2025.

  • U.S. Stock Futures Decline, Nasdaq 100 Futures Drop Over 3%

    U.S. stock futures have widened their losses, with Nasdaq 100 futures falling over 3%. S&P 500 futures are down 1.5%, and Dow futures have decreased by 0.5%.

  • US Department of Energy to Provide $17.5 Billion Loan for Nuclear Projects

    On June 23, according to The Wall Street Journal, the US Department of Energy will provide a $17.5 billion loan for financing nuclear energy projects. The loans will accelerate the construction of ten reactors in the United States. The funding will support Westinghouse's AP1000 reactors.

  • Blockchain Data Analytics Company Allium Completes $40 Million Series B Funding

    On June 23, blockchain data analytics company Allium announced the completion of $40 million in Series B funding, led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures. The company's primary business is to provide blockchain data analytics services, currently employing 50 staff members. Its data sources have been adopted by institutions such as Visa, the U.S. Federal Reserve, Coinbase, and Andreessen Horowitz.

  • Goldman Sachs Warns of AI Bubble: Market Will Reprice When First Major Cut in Spending Occurs

    On June 23, Goldman Sachs strategists warned that the AI market has become like a stretched rubber band, and the market's ongoing disregard for negative signals will eventually reach a critical point. Once any major tech giant is the first to cut AI spending, the valuation logic of the entire AI sector will face a comprehensive restructuring. Privorotsky, a strategist in Goldman Sachs' Global Banking and Markets division, pointed out in a research report on Tuesday that the market has largely ignored all negative signals emerging from AI capital expenditure transactions over the past few weeks. He specifically highlighted an increasingly widening structural divergence: while hyperscale cloud providers continue to ramp up spending commitments, their stock prices have consistently underperformed the market; meanwhile, AI hardware stocks, represented by Nvidia and TSMC, have risen against the trend. This divergence itself is a signal of market pricing distortion.

  • SpaceX (SPCX.O) Pre-Market Gains Expand, Up 2.3%

    SpaceX (SPCX.O) has seen its pre-market gains expand, with the latest increase at 2.3%.

  • Bank of America Raises Micron Technology Target Price to $1500

    On June 23, Bank of America significantly raised the target price for chip design company Astera Labs from $240 to $450; increased Intel's target price from $135 to $160; and raised Micron Technology's target price from $950 to $1500.

  • Euro Falls to One-Year Low Against Dollar

    On June 23, the euro against the dollar (EUR/USD) continued its downward trend, reaching its lowest level since June 2025 at 1.1391, with a daily decline of 0.3%.

  • President Trump: 19 Million Barrels of Oil Flowed from the Strait of Hormuz Yesterday

    President Trump stated that 19 million barrels of oil flowed from the Strait of Hormuz yesterday. Oil prices are plummeting, and the world is becoming safer.

  • Oman and Iran Issue Joint Statement Emphasizing Commitment to Ensuring Safe Passage in the Strait

    On June 23, a joint statement from Oman and Iran indicated that Oman supports the Islamabad Memorandum of Understanding signed between the U.S. and Iran, emphasizing the importance of continued dialogue and coordination to ensure the successful implementation of the memorandum. As two coastal states sharing the Strait of Hormuz, Oman and Iran reiterated their commitment to ensuring the safety of passage through the strait in accordance with relevant international law, while also emphasizing their sovereignty and sovereign rights over the territorial waters of the Strait of Hormuz. The two sides discussed matters related to the strait as mentioned in the memorandum. They agreed to continue dialogue through a joint working group from both foreign ministries, aiming to reach an agreement on future navigation management, related services, and corresponding fees in the Strait of Hormuz that meets international standards. In this context, both parties also agreed to engage in discussions with other coastal states and relevant parties in the region.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company