News from CoinWorld: On March 1st, according to Reuters estimates, dozens of cargo ships gathered in the waters of Iran, Iraq, Kuwait, and the UAE, outside the Strait of Hormuz; another dozens of ships were anchored in coastal areas outside the Strait of Hormuz. At least 150 oil tankers, including crude oil and refined product tankers, were anchored in the open waters of the Middle East Gulf crossing the Strait of Hormuz. Additionally, at least 100 oil tankers were moored near the coasts of the UAE and Oman outside the Strait of Hormuz.