Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire - Slashdot
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An anonymous reader quotes a report from the Financial Times: Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz (source paywalled; alternative source), as it seeks to retain control over passage through the key waterway du...

He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.

  • Nomorereddit@lemmy.todayEnglish
    510·
    19 hours ago

    A million a ship on avg, high sea piracy is back.

    3 to 8 ships have paid in last 72hrs. Normally 320-600ships would have gone thru for free in that window.

    • IEatDaFeesh@lemmy.worldEnglish
      12·
      17 hours ago

      I mean… this happened after an illegal war, with probably hundreds of war crimes committed to Iran and hundreds of thousands from israel/US in totality across the region.

      This toll is nothing in comparison to that and I prefer this as Iran’s form of retaliation compared to more killing.