🚨Iran is reportedly introducing a crypto-based transit fee for ships passing through the Strait of Hormuz.
The fee is estimated at $USDT 1 per barrel, meaning large oil tankers could pay millions per trip.
Payments are expected in cryptocurrency or alternative currencies to bypass sanctions.
This move could impact global oil supply, as the route carries nearly 20% of world oil trade.
It has sparked legal and geopolitical concerns over control of international waters.
Markets are watching closely as this could influence crypto adoption in global trade.
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