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Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT

Apr 08, 2026 13:14 UTC

Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT.

  • Iran will collect crypto payments as transit fees from oil tankers passing through the Strait of Hormuz during the two‑week ceasefire with the U
  • S
  • , an industry officialtold FT

Iran will collect crypto payments as transit fees from oil tankers passing through the Strait of Hormuz during the two‑week ceasefire with the U.S., an industry officialtold FT. Hamid Hosseini, spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, said that crypto-denominated tolls will be charged for fully loaded vessels as the nation seeks to "monitor what goes in and out of the strait to ensure these two weeks aren’t used for transferring weapons." Hosseini’s comments signal Tehran’s willingness to use cryptocurrency for toll payments, highlighting the expanding real

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