Iran Is Accepting Cryptocurrency Payments for Safe Passage Through the Strait of Hormuz. 84% of That Oil Goes to China, India, Japan, and South Korea
The Strait of Hormuz remains a hot topic as the conflict with Iran persists - despite the delicate ceasefire. And for good reason. The narrow waterway handles roughly 20 million b…
The Strait of Hormuz remains a hot topic as the conflict with Iran persists - despite the delicate ceasefire. And for good reason. The narrow waterway handles roughly 20 million barrels of oil per day, accounting for about one-fifth of global consumption and close to a quarter of all seaborne oil trade. That volume has [...]
Source: https://www.19fortyfive.com/2026/04/iran-is-accepting-cryptocurrency-payments-for-safe-passage-through-the-strait-of-hormuz-84-of-that-oil-goes-to-china-india-japan-and-south-korea/