How does the porphyrin ring in hemoglobin bind iron?

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In hemoglobin, the iron atom is held at the center of the porphyrin ring through interactions with the ring's four nitrogen atoms.1

This structure forms a heme group, where the iron atom is capable of binding two additional substituents beyond its connection to the porphyrin ring. In the case of oxyhemoglobin, one of these positions is occupied by a histidine residue from the protein carrier, while the other position allows the iron to bind an oxygen molecule reversibly. This ability to coordinate oxygen molecules is fundamental to hemoglobin's role as an oxygen carrier in the blood.123