According to the spokesman for the Iranian Oil Exporters Association, Iran will demand shipping companies pay tolls of up to 2 million dollars in cryptocurrency for oil tankers passing through the Strait of Hormuz during the two-week ceasefire.

Hamid Hosseini, spokesman for the Iranian Oil, Gas and Petrochemical Exporters Association, stated in an interview with the Financial Times that Tehran will charge tolls for all loaded oil tankers passing through the strait and plans to directly inspect whether the cargo of each vessel is weapons.

1 dollar per barrel, Bitcoin payment

The toll is set at 1 dollar per barrel of oil, with a maximum of 2 million dollars for fully loaded supertankers. Empty tankers can pass freely.

Each vessel must submit its cargo details to Iranian authorities via email, and will then receive the toll amount that must be paid in Bitcoin (BTC).

Hosseini stated that there is only a few seconds available for cryptocurrency payments. This design ensures that transactions cannot be tracked or seized due to international sanctions.

"After the email arrives and Iran completes its assessment, vessels will be given a few seconds to pay in Bitcoin so they cannot be tracked or seized due to sanctions." – The Financial Times reported, quoting Hosseini.

Iran's demand for tolls for oil tankers passing through the Strait of Hormuz to be paid in Bitcoin represents a direct challenge to the petrodollar system.

By forcing oil tankers to pay in cryptocurrency instead of dollars, Tehran is not only circumventing U.S. sanctions but also setting a precedent that could weaken the dominance of the dollar in global oil transactions.

Military threats back the toll demands

This step demonstrates Iran's determination to solidify its influence over this critical strategic strait, even as ceasefire negotiations are underway. According to Hosseini, Tehran is expected to require oil tankers to use the northern route adjacent to the Iranian coast.

This raises serious questions about whether vessels linked to the West or Gulf countries will dare to pass.

Oil tankers in the Gulf region were warned via radio broadcast on Wednesday that vessels attempting to pass without Iran's approval would face military strikes.

"If any vessel attempts to pass without permission, [that vessel] will be destroyed."

Washington and Tehran, a phase of confrontation

This demand is pushing Iran toward a direct confrontation with the United States. President Donald Trump has stated that the ceasefire depends entirely on Iran's promise to reopen the strait immediately and safely.

Meanwhile, Iran's Supreme National Security Council has proposed new protocols for safe passage in collaboration with its military.

The committee presented 10 negotiation proposals to ensure direct military involvement in all passage activities.

The outcome of this standoff will determine not only the durability of the ceasefire but also the future of global oil transportation using the world's most strategic maritime corridor.