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Iran Charges $1 Per Barrel for Hormuz Transit

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rafidayn24 Apr 08, 2026
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Iran Charges $1 Per Barrel for Hormuz Transit

Financial Times revealed Iran is charging for oil transit through Hormuz.

The fee is $1 per barrel.

Payments are made via cryptocurrencies.

Empty tankers are exempt.

The move aims to track vessel movement.

As activity resumes in the strait.