💼 Business 15h ago · Ben Weiss

Iran is demanding tankers in the Strait of Hormuz pay tolls in crypto: What we know so far

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Iran is demanding tankers in the Strait of Hormuz pay tolls in crypto: What we know so far
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After the U.S. and Iran agreed to a temporary ceasefire on Tuesday, the Islamic Republic pledged to open up the Strait of Hormuz, the narrow body of water that’s a key bottleneck in the world’s trade of oil. But there’s a catch: Iran signaled it plans to impose a toll on ships passing through the choke point—and have them pay up in crypto.



The prospect of tolls has inflamed President Donald Trump, but it’s still unclear whether the Iranian government is charging fees across the board. Meanwhi

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