** Iran Imposes Oil Tariff in the Strait of Hormuz, Required to Pay US$1 per Barrel with Crypto**
Iran, through the Islamic Revolutionary Guard Corps (IRGC), has begun charging about US$1 per barrel to oil tankers passing through the Strait of Hormuz. This policy was reported by Bloomberg.
Payment of the fee is made using crypto. This step is seen as Iran's way of continuing to generate revenue while avoiding international financial restrictions.
Additionally, tankers must obtain permits, undergo background checks, and receive escort codes after payment is made before they can transit through this strategic route.
#CZReleasedMemeoir #MorganStanley'sBTCETFSetToLaunch #US&IranAgreedToATwo-weekCeasefire #MarketRebound #PolymarketMajorUpgrade
Iran, through the Islamic Revolutionary Guard Corps (IRGC), has begun charging about US$1 per barrel to oil tankers passing through the Strait of Hormuz. This policy was reported by Bloomberg.
Payment of the fee is made using crypto. This step is seen as Iran's way of continuing to generate revenue while avoiding international financial restrictions.
Additionally, tankers must obtain permits, undergo background checks, and receive escort codes after payment is made before they can transit through this strategic route.
#CZReleasedMemeoir #MorganStanley'sBTCETFSetToLaunch #US&IranAgreedToATwo-weekCeasefire #MarketRebound #PolymarketMajorUpgrade
