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Iran implements tiered system for vessel passage through Strait of Hormuz, accepts Bitcoin for fees
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.
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middleeasteye.net
Iran announces controlled maritime zone for ships transiting Strait of Hormuz
Iran’s Persian Gulf Strait Authority has announced the creation of a controlled maritime zone in the Strait of Hormuz requiring vessels to obtain authorisation before passing…
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cryptobriefing.com
Iran consolidates control over Strait of Hormuz, creating energy crisis that ripples across crypto markets
Iran has seized control of the Strait of Hormuz, cutting vessel traffic by over 85% and removing 11 million barrels per day from global supply, with ripple effects hitting crypto…
