Reports say Iran is considering a digital marine insurance platform for ships passing through the Persian Gulf and the Hormuz Strait, with bitcoin and other cryptocurrencies mentioned as premium payment methods. Images of a website called Hormuz Safe circulated on social media, but its authenticity and whether the plan will be implemented remain unconfirmed and the site is now inaccessible. A local outlet reported the plan could generate more than $10 billion in income.

A U.S. attack on Iran has heightened geopolitical risks in the Middle East, raising concern South Korean industry could be affected. If disruption around the Hormuz Strait persists, countries heavily reliant on Middle East energy could face a bigger hit. Oil prices have begun to jump, renewing pressure for higher electricity rates and threatening profitability in power-intensive sectors including semiconductors, steel, petrochemicals and displays.