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Iran is charging $1 per barrel of oil through the Strait during ceasefire
Posted on 4/8/26 at 9:00 am
Posted on 4/8/26 at 9:00 am
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BREAKING: Iran is demanding $1 per barrel of oil passing through the Strait of Hormuz, payable in cryptocurrency, per FT.
At pre-war Hormuz traffic of roughly 20 million barrels per day, the per-barrel fee would generate approximately $7.3 billion annually for Iran, collected outside the US dollar banking system.
The per-barrel fee may apply alongside the previously reported $2 million per-ship transit fee, which would push combined annual revenue to roughly $50 billion at pre-war volumes.
8
Posted on 4/8/26 at 9:01 am to Ingeniero
I wonder if Iran is suckering a bunch of oil tankers into the straight before they take them all out at once… wouldn’t surprise me.
Posted on 4/8/26 at 9:01 am to Ingeniero
There will be no cease fire.
Posted on 4/8/26 at 9:02 am to Ingeniero
Iran is now in the insurance business.
Posted on 4/8/26 at 9:02 am to Ingeniero
Demanding =\= charging. They can demand all they want.
Posted on 4/8/26 at 9:02 am to TrueTiger
quote:
Iran is now in the insurance business.
That’s not how you spell shakedown
Posted on 4/8/26 at 9:02 am to Kneehigh
quote:
I wonder if Iran is suckering a bunch of oil tankers into the straight before they take them all out at once… wouldn’t surprise me.
that would be a bad move on their part for sure.
Posted on 4/8/26 at 9:04 am to Ingeniero
quote:
The per-barrel fee may apply alongside the previously reported $2 million per-ship transit fee, which would push combined annual revenue to roughly $50 billion at pre-war volumes.
Isn’t that about double their pre-war oil revenue?
This post was edited on 4/8/26 at 9:05 am
Posted on 4/8/26 at 9:04 am to Ingeniero
Oman:
Iran to the US:
Iran to the US:
Posted on 4/8/26 at 9:06 am to Ingeniero
I’d be surprised if they charge that to China.
Posted on 4/8/26 at 9:06 am to Ingeniero
I would tell Iran to suck my ****. Wouldn't pay them sh!t.
Posted on 4/8/26 at 9:13 am to SlowFlowPro
We are Phil Leotardo in season 6
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