Tankers passing through Strait of Hormuz will have to pay cryptocurrency toll
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Iran is demanding cryptocurrency tolls from tankers passing through the Strait of Hormuz.
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Iran will demand that shipping companies pay tolls in cryptocurrency for oil tankers passing through the Strait of Hormuz. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, told the FT on Wednesday that Iran wants to collect these fees and assess each ship. This demand comes as Iran seeks to retain control over passage through the key waterway during the two-week ceasefire. Hosseini stated that Iran needs to monitor traffic to ensure the ceasefire period is not used for transferring weapons.
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