Tehran's plans to tax ships passing through the strait and raise money to rebuild is already seeing pushback.

Nations in the region have been keen to reach agreements as their economies are heavily reliant on Middle East energy.

According to the newspaper, Tehran also intends to split the fees from vessels with Oman, which lies across the strait

Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the Strait of Hormuz.

Only a few vessels have crossed the strait since the US-Iran ceasefire deal, according to BBC Verify analysis.

Tehran's plans to tax ships passing through the strait and raise money to rebuild is already seeing pushback.

Tanker firms are being advised not to pay Iran any levies in return for safe passage through the Strait of Hormuz.