Tehran has so far refused the offer, which would have seen part of the $100billion in Iranian funds held abroad unfrozen

The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.

Iran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by the Straits of Malacca and Singapore,…

The US and Oman are working to block Iran's plan to charge tolls on Strait of Hormuz shipping, where Tehran is exploring Bitcoin payments to evade

Wall Street Journal reports Washington discussed releasing $6 billion in frozen Iranian funds, but talks suffered a setback after Tehran insisted ships use its approved routes…

Iran rejected the proposal, insisting on its right to control the Strait of Hormuz, while its military also threatened tough measures against vessels that do not use routes…

Monetizing the strait would be a dramatic change from before the war, when cargo ships transited without paying any fee.

Tehran has so far refused the offer, which would have seen part of the $100billion in Iranian funds held abroad unfrozen