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Tehran Plans $1 Per Barrel Crypto Charges for Tankers in Hormuz Ceasefire Zone
Iran is preparing a new transit charge for oil tankers in the Strait of Hormuz. The proposed fee is $1 per barrel. Reports say payment may be made in cryptocurrency, including Bitcoin. The plan comes during a two-week ceasefire involving Iran and the United States. The measure would apply to fully loaded oil tankers. Empty vessels may be allowed to pass without a fee. Iranian officials say the goal is tighter control over ship movements. The Strait of Hormuz remains one of the world’s key oil routes. Iran plans to assess each vessel that seeks passage through the strait. According to reports, shipping companies ... (full story)
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