Tanker ships must pay Iran’s Revolutionary Guards a toll in Chinese yaun or crypto before they can pass Strait of Hormuz: report
Ships attempting to pass through the Strait of Hormuz will need secret codes and to pay up to $2 million in Chinese yuan or cryptocurrencies to avoid being attacked by Iran, according to a new report.
After Iran’s lawmakers approved a bill to impose fees on the safe passage through the Strait of Hormuz this week, new guidelines have been set for tankers and cargo ships to buy their way through with a company linked to the Islamic Revolutionary Guard Corps, sources familiar with the deal told Bloomberg.
Once the IRGC has the ship’s files on hand, the vessel would need to fly the flag of a non-enemy nation and transmit a secret, high-frequency code to alert the Iranian navy so that it may guide the ship through the strait.
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Source: https://nypost.com/2026/04/02/world-news/tanker-ships-must-pay-irans-revolutionary-guards-a-toll-in-chinese-yaun-or-crypto-before-they-can-pass-strait-of-hormuz-report/?fbclid=IwY2xjawRA6htleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeNX4WLbYgHJsCzGQotrb6UP_LLu_pQyp9F3y1gRAtrbhEeovq8iUrm-bkJgo_aem_8DOKmNx54IIarQzPDGR4tA