Iran has made a notable statement regarding the Strait of Hormuz transit fees. The country’s central bank announced that the first transit fee collected from ships passing through the strait will be paid in “cash foreign currency”.
The Central Bank of Iran announced that the payments were deposited directly into bank accounts in foreign currency. The statement follows previous allegations that tolls were being collected in cryptocurrencies.
Earlier, Iranian Islamic Parliament Vice-President Haji Babae also confirmed in a statement that the first payments had been received and transferred to the central bank account.
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The conflict between Iran and the United States over the Strait of Hormuz continues. Today, US President Donald Trump announced that he has tripled the size of the task force used to clear mines in the Strait of Hormuz. Meanwhile, it was announced that four Iranian cargo ships had successfully passed through the Strait of Hormuz despite the US blockade.
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