Iran demands crypto fees for ships passing Hormuz during ceasefire

[riversedge]

Source: Financial times


Country’s oil exporters’ union says toll to be paid in cryptocurrency and vessels monitored for weapons


Published 3 hours ago


Iran will demand that shipping companies pay tolls in cryptocurrency for oil tankers passing through the Strait of Hormuz, as it seeks to retain control over passage through the key waterway during the two-week ceasefire.
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“Iran needs to monitor what goes in and out of the strait to ensure these two weeks aren’t used for transferring weapons,” said Hosseini, whose industry association works closely with the state.

“Everything can pass through, but the procedure will take time for each vessel, and Iran is not in a rush,” he added.

Decisions on the conditions for passing the strait are taken by Iran’s Supreme National Security Council. Hosseini’s remarks suggest Iran will require any tankers to use the northerly route close to its coastline, raising questions over whether western or Gulf state-linked vessels will be willing to risk transit.
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Read more: https://www.ft.com/content/02aefac4-ea62-48db-9326-c0da373b11b8?syn-25a6b1a6=1

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Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz, as it seeks to retain control over passage through the key waterway during the two-week ceasefire.

Read more here: ft.trib.al/nopMxj3

— Jon Cooper (@joncooper-us.bsky.social) 2026-04-08T13:56:04.648Z

Tankers in the Gulf on Wednesday received a radio broadcast in English that they would be destroyed if they tried to transit without Iranian permission © Stringer/Reut

Narrator: Retain control it DID NOT have before this all started. 🤡

— Middlerage (@middlerage.bsky.social) 2026-04-08T13:57:00.424Z

[everyonematters]

1. That is not very smart on their part. Crypto is very unstable. I guess they are thinking anything but dollars.

[Hugin]

3. Someday it will all come out that this whole debacle was...

A means to break the petrodollar.

And, of course, our fine kakiofascist warlord wannabes stumbled right in and made it possible.

[gab13by13]

8. I agree, seeing as the toll can also be paid in yuans,

China was a big winner in this war.

[no_hypocrisy]

2. Trump would make the same demand.

[Irish_Dem]

4. Control and money Trump handed to them.

Trump is an idiot.

[Hugin]

6. A pathetic idiot.

Embarrassing all other idiots.

[Irish_Dem]

9. He is a real.idiot.

[mdbl]

10. I think a first grader could run things better

At least it wouldn't be any more petulant than what we have now.

[efhmc]

12. Many first graders are smart and very well behaved. None even live close to the pedopresident.

[mdbl]

13. I stand corrected.

[OC375]

5. This ain't going to last 2 weeks, IMHO.

The rest of the world isn’t going to take Trump’s losses, anymore than they were willing to help him attack. You don’t get to threaten to shoot up the school over a bully. You can’t hold the other kids at gunpoint this afternoon either, because the bully beat you this morning.

[gab13by13]

7. Not just crypto, Iran will accept payment in Chinese yuans

I missed something here. Saudi Arabia and the UAE who paid Krasnov to invade Iran are not going to agree to this toll booth.

Israel is not going to agree. Singapore has already said it won't pay the toll.

If Iran is allowed to charge tolls it will be able to rebuild its military many times over.

China and Russia are fine with the toll booth, but no other countries are. Iran will buy military equipment from Russia and China with the toll money.

Also, it is illegal for Iran to charge tolls in Hormuz, against maritime laws.

I think that this war is far from over, if this toll booth plan is allowed to proceed then Iran will become a military power in the ME.

[turbinetree]

11. Maybe I am wrong but blackmail is blackmail and its being shoved down to the peasants by what the orange

hair traitor and what he and the minions did and if memory serves me correctly he said that he was a genius..........everyday in this country we were / are getting inundated with his scams and blackmail, to law firms, universities, the attack on the media etcetera and now this Excursion has unleashed the international blackmail............am I wrong............

[cstanleytech]

14. Well that's not going to sit well with the international community since it's not legal under international law.

[Bayard]

15. I can't blame them for seeking reparations for damages and loss of life,

I just don't know this is the way to do it.