02.04.2026 13:45

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The recent report highlights that Iran is reportedly starting to accept crypto and the yuan for toll payments through the Strait of Hormuz. According to recent Bloomberg news, some vessels have already exchanged yuan for Iranian currency, with tankers paying up to $1 per barrel for the added service. The process involves a formal toll system overseen by the Islamic Revolutionary Guard Corps, using an intermediary. This system assigns a friendliness score from one to five to each country and demands that ship operators provide detailed documentation for legal and security clearance before getting clearance. Parliament has also considered drafting a bill to allow Iran to collect transit fees via this route, signaling a more institutionalized approach to securing the vital waterway.

This change could serve as a sustainable way for Iran to generate revenue from this strategic chokepoint, moving beyond temporary, crisis-driven actions to a structured fiscal strategy.

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