Iranian media reports that oil tanker passage fees in the Strait of Hormuz may range from $150,000 to $2 million, with support for barter settlement.

CoinFeed reported on June 7 that, according to a report by Iranian media Fars News cited by Jinshi, each oil tanker passing through the Strait of Hormuz will be charged between $150,000 and $2 million. Some of the fees may not be paid in cash, but in the form of goods or barter.