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.

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 and Oman are negotiating a permanent toll on Strait of Hormuz shipping, with fees previously hitting $2M per transit. Here's what it means for oil, inflation, and crypto.

Iran's new tiered Strait of Hormuz transit system prioritizes Russian and Chinese vessels, charges non-allies up to $2M, and accepts Bitcoin and crypto payments.