Iran's IRGC Threatens Hormuz Undersea Cables as US Conflict Escalates
- —Mohebbi flagged seven cables, including FALCON and Gulf Bridge International
- —Affected systems carry less than 1% of global internet bandwidth
- —Iraq relies on both of its cables, which pass through the strait
- —Saudi TASI is down about 13% over the past six months
Why it matters: The digital threat adds a fresh risk-off variable to the Hormuz oil premium, weighing on Bitcoin and Gulf markets.
Source: CoinGape