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Iran demands $1 per barrel of oil passing through Strait of Hormuz, paid in crypto
| USA | politics | ✓ Verified - thehill.com

Iran demands $1 per barrel of oil passing through Strait of Hormuz, paid in crypto

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Iran reportedly intends to require ships passing through the Strait of Hormuz to pay the cryptocurrency equivalent of $1 per barrel of oil on board during the two-week ceasefire with the U.S. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, which works with Iran’s government, told the Financial Times about the requirement...

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Iran reportedly intends to require ships passing through the Strait of Hormuz to pay the cryptocurrency equivalent of $1 per barrel of oil on board during the two-week ceasefire with the U.S. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, which works with Iran’s government, told the Financial Times about the requirement...
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