China, which buys almost all of Iran’s oil exports, on Friday called for the unhindered flow of shipping through the Strait of Hormuz.

China, which buys almost all of Iran’s oil exports, on Friday called for the unhindered flow of shipping through the Strait of Hormuz.

Iran will offer China reduced Strait of Hormuz transit fees and accept Bitcoin and USDT for shipping tolls, signaling crypto adoption in sanctioned trade.