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IRAN WILL REQUIRE $1 OF BITCOIN FOR EACH BARREL OF OIL.🛢️🚢
- Iran plans to impose a transit toll of about $1 per barrel on oil tankers passing through the Strait of Hormuz (a critical chokepoint for global oil shipments, including from other Gulf producers like Saudi Arabia).
- The toll applies during a temporary two week ceasefire with the US, aimed at reopening the strait after recent tensions blockade.
- Payment must be made in cryptocurrency (with #bitcoin explicitly mentioned as an option, alongside possible yuan or stablecoins) to help Iran bypass sanctions and make tracing harder.
- Ships must email cargo details to Iranian authorities for assessment, then quickly pay the fee (e.g., via $BTC to an Iranian wallet). Non payment risks denial of passage or military action.
- Empty tankers may pass free fully laden supertankers could face bills up to ~$2 million.
This is a toll on transit like a shipping fee for using the waterway, not a requirement for purchasing Iranian oil itself. 🛢️
What are your thoughts about this ?
$BTC #USIranCeasefireTalksFaceSetbacks #OilEdgesHigher #GateSquareAprilPostingChallenge #Btc$BTC