Iran plans to charge service fees for Strait of Hormuz transit with Bitcoin-settled insurance via Hormuz Safe, offering discounts to friendly nations.

Iran to levy transit fees in the Strait of Hormuz after a 60-day grace period, asserting control with Oman and warning ships against alternative routes.

Iran plans to impose fees for ships in the Strait of Hormuz amid a naval blockade. Fees by October 31 at 74% YES.