https://www.chessveda.com/ https://www.chessveda.com/
  • Power Corridors Magazines
  • Advertise with us
Thursday, April 9, 2026
  • Login
Power Corridors
Advertisement
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
Power Corridors
  • News
  • Politics
  • Business
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
  • Event
  • World
Home Iran War

Iran Moots $1-a-Barrel Crypto Toll on Hormuz Oil Traffic

Iran is considering a $1-per-barrel transit fee on oil tankers passing through the Strait of Hormuz, with payments potentially required in cryptocurrency, according to a report.

PC Bureau by PC Bureau
9 April 2026
in Iran War, News, World
7
Strait of Hormuz

Strait of Hormuz

7
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Authorities may require vessels to disclose cargo details and obtain clearance before passage, while warnings of possible military action against unauthorized ships have heightened concerns.

BY Bureau

April 9, 2026 — Iran is moving to tighten its hold over the vital Strait of Hormuz, signaling it intends to retain leverage over global oil flows despite a fragile ceasefire with the United States.

A report by the Financial Times says Tehran is weighing a plan to charge oil tankers a $1-per-barrel transit fee, with payments to be made in cryptocurrencies such as Bitcoin. The proposal underscores Iran’s strategy to maintain control over one of the world’s busiest energy corridors even as direct hostilities have paused.

According to the report, Iranian authorities plan to monitor and regulate all vessels crossing the strait, requiring ships to submit cargo details before being granted clearance. Hamid Hosseini, a spokesperson for Iran’s oil and petrochemical exporters’ body, said the oversight is intended to prevent the ceasefire period from being used to move weapons or sensitive cargo.

READ: Pentagon Warned Vatican to Fall in Line on Iran War?

READ: Iran Slams US, Says Ceasefire Talks Now “Unreasonable”

While vessels would still be allowed to pass, officials indicated the process may not be swift. “Iran is not in a rush,” Hosseini said, suggesting deliberate delays could be part of the enforcement mechanism.

🚨 UPDATE, THE HORMUZ SITUATION JUST HIT A NEW LEVEL:

The last 12 hours changed everything.

– Iran OPENED the Strait of Hormuz this morning under ceasefire — two oil tankers passed through safely

– Israel launched 100+ strikes on Lebanon HOURS later — the biggest attack since… pic.twitter.com/GraIBVn0KQ

— LimitLess (@LimitlesCobz) April 8, 2026

Strict Controls and Security Warnings

Under the proposed system, tankers would need to disclose cargo information electronically, after which authorities would calculate the fee based on volume. Ships would be given a limited window to complete payment before receiving transit approval.

At the same time, vessels in the Gulf have reportedly received radio warnings that unauthorized transit could invite military action. Iran is also believed to be steering ships closer to its coastline, increasing risks for Western- and Gulf-linked operators.

Ceasefire Hinges on Strait Access

Control of the waterway has become central to negotiations over extending the truce. Donald Trump has insisted that any continuation of the ceasefire depends on Iran guaranteeing the “complete, immediate, and safe” reopening of the strait. In response, Tehran has proposed a framework that would allow passage—but under its supervision.

Shipping Gridlock Builds

The uncertainty has left maritime traffic in limbo. Dozens of shipping firms have paused operations, and hundreds of vessels are now waiting in the Gulf for clarity. Industry executives describe the buildup as a “floating traffic jam,” with millions of barrels of oil effectively stranded.

Global shipping giant Maersk said it is assessing the rapidly evolving situation and has yet to resume normal transit schedules.

The plan has also triggered pushback from Oman, which has stressed that international agreements do not allow tolls on ships passing through the strait.

With tensions still high and rules for passage unclear, Iran’s proposed measures risk prolonging uncertainty in global energy markets and complicating efforts to stabilize the region.

Tags: CryptocurrencyHormuzIranOil Tankers
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Previous Post

Iran Slams US, Says Ceasefire Talks Now “Unreasonable”

Next Post

Ladakh LG Launches Tourism, Buddha Relics Portals

Related Posts

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements
National

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements

9 April 2026
Ladakh LG
National

Ladakh LG Launches Tourism, Buddha Relics Portals

9 April 2026
MB Ghalibaf
Iran War

Iran Slams US, Says Ceasefire Talks Now “Unreasonable”

9 April 2026
Trump-Vatican
News

Pentagon Warned Vatican to Fall in Line on Iran War?

9 April 2026
Hormuz
Iran War

Iran Halts Hormuz Traffic After Israeli Strikes in Lebanon

8 April 2026
Lebanon
Iran War

Ceasefire? Israel Strikes 100 Targets in Lebanon, 89 Killed

8 April 2026
Next Post
Ladakh LG

Ladakh LG Launches Tourism, Buddha Relics Portals

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POWER CORRIDORS

Former Vice President Venkaiah Naidu commended Power Corridors as a commendable news magazine, affirming that it not only upholds Media Dharma but also fulfills its societal obligations. Power Corridors, as its name implies, delves into realpolitik—examining the essence of influential circles, unraveling the intricacies of political maneuvers, and exploring the pulse of the state’s affairs. However, it transcends mere power dynamics, encompassing a broader spectrum of issues beyond the confines of Delhi’s elite circles.

For PC, which is published by the Interactive Forum on Indian Economy, not only highlights the issues of the day but also throws up what ought to be the subjects that the country should be debating about. It reports about the plans, strategies, and agendas of politicians and others; it also sets the agenda for the nation.

Browse by Category

  • Appointments/Transfers
  • Automobile
  • Aviation
  • Blog
  • Business
  • Crime
  • Education
  • Entertainment
  • Event
  • GMF
  • HEALTH
  • IFIE
  • IPL 2024
  • Iran War
  • Law
  • Motorsports
  • National
  • News
  • Politics
  • Science
  • Space
  • Sports
  • Technology
  • Weather
  • WEIGHT LOSS
  • World

Recent News

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements

Bishnupur Blast Fired from Close Range, Probe Points to Local Elements

9 April 2026
Ladakh LG

Ladakh LG Launches Tourism, Buddha Relics Portals

9 April 2026
  • About
  • Advertise With Us
  • Privacy & Policy
  • Contact Us

© 2023 Power Corridors

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

  • Login
  • Cart
  • News
  • National
  • Politics
  • Business
  • World
  • Entertainment
  • Crime
  • Law
  • Sports
  • Contact Us

© 2023 Power Corridors