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GreatGazoo

(4,643 posts)
13. They accept Yuan and crypto
Wed Apr 8, 2026, 01:22 PM
Yesterday

$1 per barrel IF the country importing makes the cut:

Ship operators have to contact an intermediary company linked to the IRGC, and provide information about their vessel’s ownership, flag, the cargo manifest, destination, crew list, and data from its automated identification system, or AIS — a transponder that ships use to record and broadcast their position.

The intermediary passes the file onto the IRGC Navy’s Hormozgan Provincial Command for background checks on the ship to make sure that it has no links to Israel or the US, or other states that Iran considers to be enemies.

If a vessel makes the cut then discussions over the toll begin. The people said that the Iranians have a ranking system of one to five for nations, with ships from countries that are seen as friendly more likely to get better terms. For oil tankers, the starting price in the negotiations is typically around $1 per barrel of oil, paid in yuan, or stablecoins — cryptocurrencies pegged to the value of hard currency.


https://www.bloomberg.com/news/articles/2026-04-01/strait-of-hormuz-ships-paying-iran-yuan-and-crypto-tolls-for-safe-passage

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Yes and no. NT mahatmakanejeeves Yesterday #1
Strait has been open to vessels flagged as non-US/Israel owned GreatGazoo Yesterday #2
$2 million. Huh. Wednesdays Yesterday #3
Right now underpants Yesterday #6
Thanks for posting this 👍 MustLoveBeagles Yesterday #14
Yep. Good one. Amaryllis Yesterday #18
Likeness of the Ayatollah on one side Bluetus Yesterday #11
They accept Yuan and crypto GreatGazoo Yesterday #13
I don't think they have trump's face on them. Wonder Why Yesterday #15
My cat says she has no interest in participating in this! OC375 Yesterday #4
Smart Cat annielion Yesterday #17
Exact change only. usonian Yesterday #5
You beat me to it. 😂😂❤️ underpants Yesterday #7
Great minds think alike. usonian Yesterday #8
❤️ underpants Yesterday #10
No Trumpcoins RetiredParatrooper Yesterday #21
Depends on how we measure the Panama Canal. mr715 Yesterday #9
Bravo WSHazel Yesterday #12
Excellent! annielion Yesterday #16
Sounds like a real CATatostrophe peppertree Yesterday #19
Great point. Very apt analogy. Mblaze Yesterday #20
depends on the radioactive material guarding it DBoon 6 hrs ago #22
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