Iran plans to impose a transit fee on fully loaded oil tankers passing through the Strait of Hormuz during a two-week ceasefire with the United States. The fee, set at approximately $1 per barrel, will be payable in cryptocurrencies and other digital assets. Tankers must submit cargo information via email to Iran, which will then assess and direct payment in digital currencies such as Bitcoin. Empty tankers may be exempt from this fee.
Hamid Hosseini, spokesperson for the Iranian Oil, Gas, and Petrochemical Products Exporters' Union, stated that the initiative aims to monitor traffic through the strait and ensure it is not used for arms transfers during the ceasefire period.
Iran to Charge Cryptocurrency Fees for Oil Tankers During Ceasefire
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