‘Iran is leveraging oil and Bitcoin’: Oz Sultan on Middle East tensions

Iran’s proxies strengthen Red Sea control amid nuclear tensions and leverage from Bitcoin, raising fears over regional security

‘Iran’s proxies have basically tightened their grip on the Red Sea’ as tensions escalate over its nuclear activities.

Oz Sultan from Sultan Interactive Group argues Iran’s threats to withdraw from the NPT are a negotiation tactic.

Iran’s economy is propped up by Bitcoin, providing leverage despite sanctions and limited oil sales.

A potential withdrawal from the NPT could destabilise regional security and impact global oil markets.

Iran may be hedging on Netanyahu not getting reelected to shift the geopolitical landscape.

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