Iran's new Persian Gulf Strait Authority will charge formal transit fees in the Strait of Hormuz, with reports suggesting Bitcoin and USDT as payment options.

Iran is asserting unprecedented control over the strategically critical waterway, with ships reportedly facing screening processes, transit approvals and potential Bitcoin-backed…

Iran and Oman are negotiating permanent Strait of Hormuz transit fees up to $2M per vessel, with Bitcoin and yuan accepted. Revenue could reach $8B annually.