Tankers passing through Strait of Hormuz will have to pay cryptocurrency toll

Iran plans to charge cryptocurrency tolls for oil tankers traversing the Strait of Hormuz during a two-week ceasefire, aiming to monitor cargo and prevent weapon transfers. Hamid Hosseini, spokesperson for Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, emphasized the need for tolling fees to maintain control over the critical waterway.