Iran demands $1 per barrel of oil passing through Strait of Hormuz, paid in crypto

Iran will require ships passing through the Strait of Hormuz to pay the cryptocurrency equivalent of $1 per barrel of oil on board during the two-week ceasefire with the U.S, a key figure told the Financial Times. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, which works with Iran’s government, told the…