Tankers passing through Strait of Hormuz will have to pay cryptocurrency toll
Any tanker passing must reveal its cargo so Iran can determine transit fee amount.
Iran will demand that shipping companies pay tolls in cryptocurrency for oil tankers passing through the Strait of Hormuz, as it seeks to retain control over passage through the key waterway during the two-week ceasefire. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, told the FT on Wednesday that Iran wanted to collect tolling fees from any tanker passing and to assess each ship. “Iran needs to monitor what goes in and out of the strait to ensure these two weeks aren’t used for transferring weapons,” said Hosseini, whose industry association works closely with the state.Read full article Comments
Related tags
Companies and people
Story threads
Continue with this story
Follow the same topic through connected articles, entity pages, and active story threads.
Motorola's budget phones are now up to 50% more expensive as memory shortage drags on
Motorola's budget phones are much less budget-friendly today.
To beat Altman in court, Musk offers to give all damages to OpenAI nonprofit
Musk won’t seek a “single dollar” in OpenAI suit after asking to pocket up to $134 billion.
Steam client files point to "framerate estimator" feature in the works
JSON text strings suggest performance charts based on "framerates of other Steam users."
For the first time ever, Amazon is cutting old Kindles off from the Kindle Store
Post-2013 Kindles will continue to work, even if they no longer receive updates.
No big trucks for little roads: American OEMs say EU is blocking imports
European buyers aren't interested in full-size trucks; US car industry doesn't care.
With Orion still flying, NASA is nearing key decisions about Artemis III
"One of the questions is what the initial orbit will be for Artemis III."
Entity pages
Ad slot
Article inline monetization block
A reserved partner slot for relevant tools, services, and contextual editorial integrations.
Related articles
More stories that share tags, source, or category context.
Motorola's budget phones are now up to 50% more expensive as memory shortage drags on
Motorola's budget phones are much less budget-friendly today.
To beat Altman in court, Musk offers to give all damages to OpenAI nonprofit
Musk won’t seek a “single dollar” in OpenAI suit after asking to pocket up to $134 billion.
Steam client files point to "framerate estimator" feature in the works
JSON text strings suggest performance charts based on "framerates of other Steam users."
For the first time ever, Amazon is cutting old Kindles off from the Kindle Store
Post-2013 Kindles will continue to work, even if they no longer receive updates.
More from Ars Technica
Fresh reporting and follow-up coverage from the same newsroom.
Motorola's budget phones are now up to 50% more expensive as memory shortage drags on
Motorola's budget phones are much less budget-friendly today.
To beat Altman in court, Musk offers to give all damages to OpenAI nonprofit
Musk won’t seek a “single dollar” in OpenAI suit after asking to pocket up to $134 billion.
Steam client files point to "framerate estimator" feature in the works
JSON text strings suggest performance charts based on "framerates of other Steam users."
For the first time ever, Amazon is cutting old Kindles off from the Kindle Store
Post-2013 Kindles will continue to work, even if they no longer receive updates.