Oil could become expensive to transport, analysts say

Iran and the U.S. both threatened to tax ships crossing the world's most critical oil chokepoint — an action experts say violates international law.

U.S. President Donald Trump threatened to impose new tolls in the Strait of Hormuz last weekend, sparking worries that the practice of charging to pass through critical waterways…

Iran's new Strait of Hormuz toll system targets $40B in annual revenue and accepts Bitcoin and USDT, but actual collections fall far short of projections.

Iran is proposing new charges for security and services in the Strait of Hormuz, aiming to generate significant revenue and reshape its management post-conflict. Tehran is seeking…

Iran is charging Bitcoin tolls on oil tankers in the Strait of Hormuz, pushing oil prices higher and tangling crypto markets in geopolitical risk.

The Wall Street Journal cited officials saying that Iran estimates countries could make $40 billion a year charging security, safety and environmental fees in the waterway. Iran's…

Oil could become expensive to transport, analysts say

Any toll set by Iran for transit through the Strait of Hormuz would set a dangerous precedent for international maritime trade