The IMO condemned Iran's Strait of Hormuz sovereignty claims as Tehran demands Bitcoin transit fees. Here's what it means for crypto and oil markets.

Iran will charge ships fees in the Strait of Hormuz starting mid-August 2026, impacting 21% of global oil trade and potentially accepting Bitcoin payments.

Iran says commercial navigation through the Strait of Hormuz is continuing under arrangements established by Tehran, as maritime security agencies warn of an elevated threat…