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US sanctions two Iranian maritime insurers for allegedly using Bitcoin to evade sanctions in Strait of Hormuz.

Market News
30 Jul 2026
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Bearish
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The US Treasury sanctioned two Iranian maritime insurance firms, HormuzSafe Marine Services Authority and Persian Gulf Marine Insurance Company, accusing them of supporting an IRGC-linked system that collects revenue from vessels crossing the Strait of Hormuz. The Treasury alleges HormuzSafe accepted Bitcoin payments to bypass sanctions, though no public evidence of Bitcoin transactions was provided. Additionally, eight shipping companies and eight vessels involved in Iranian petroleum transport were also sanctioned. These actions aim to disrupt Iran's control over regional shipping and petroleum exports, with property linked to these entities blocked under US jurisdiction. No criminal charges or asset seizures were announced yet, but the designations restrict US and some international dealings with these firms.

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eSUN launches PLA-Coffee, a sustainable 3D printing filament made from recycled coffee grounds.

eSUN launches PLA-Coffee, a sustainable 3D printing filament made from recycled coffee grounds.

eSUN has introduced PLA-Coffee, a new 3D printing filament combining recycled coffee grounds with biodegradable PLA. This innovation supports sustainability by repurposing organic waste and reducing plastic carbon footprints. The filament offers a un...

Others
Bullish
31 minutes ago
AB2 Bio gets $30M from Nippon Shinyaku for U.S. rights to Tadekinig alfa treating rare hyperinflammatory syndrome

AB2 Bio gets $30M from Nippon Shinyaku for U.S. rights to Tadekinig alfa treating rare hyperinflammatory syndrome

AB2 Bio received $30 million from Nippon Shinyaku, which exercised its exclusive U.S. commercialization option for Tadekinig alfa, a treatment for Primary Monogenic IL-18-Driven Hyperinflammatory Syndrome, a rare pediatric disease with no FDA-approve...

Company Fundamentals
Bullish
45 minutes ago
Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

On July 30, 2026, Michelin repurchased 193,528 of its own ordinary shares at a weighted average price of €33.82 per share through over-the-counter transactions. The shares bought back are intended for cancellation, which typically reduces the number ...

Company Fundamentals
Neutral
48 minutes ago
Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

Michelin repurchases 193,528 shares at €33.82 each for cancellation on July 30, 2026

On July 30, 2026, Michelin executed a share buyback program, purchasing 193,528 ordinary shares at an average price of €33.82 per share. The shares were bought over-the-counter through brokers Natixis, BNP Paribas, and Societe Generale. The purpose o...

Company Fundamentals
Neutral
48 minutes ago
Renault releases its H1 2026 financial report, confirming strong performance and outlook.

Renault releases its H1 2026 financial report, confirming strong performance and outlook.

Renault SA announced the release of its financial report for the first half of 2026 on July 30, 2026. The report is available on Renault's investor website and highlights the company's robust revenue growth driven by both its automotive and other bus...

Company Fundamentals
Neutral
1 hour ago
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