By 
In Brief…
- US prosecutors moved to seize about $61 million in cryptocurrency allegedly linked to black-market Iranian oil sales and financing for the Iranian government and military.
- A US Defense Department inspector general report said the Iran war created strategic munitions shortfalls, cost about $33.4 billion through late June and saw Iranian strikes damage or destroy hundreds of structures at US bases across the region.
- Commodity vessel transits through the Strait of Hormuz fell to four on Monday from 10 on Sunday, according to Kpler data, even as TankerTrackers said two-way daytime VLCC traffic was continuing.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
US seeks forfeiture of $61 million in crypto tied to Iranian oil sales
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