Commentary: Who Really Pays for the Strait of Hormuz Blockade?

Who Pays The Hormuz Toll?

By Kristoffer Mousten Hansen, Mises Wire | April 21, 2026 Since the ceasefire on April 8 and Trump’s apparent capitulation to Iran, it appears the Iranians will levy a toll on all oil passing through the Strait of Hormuz. The details are still unclear, but according to The Hill citing the Financial Times, the Iranian Republic will levy $1 per barrel of oil to be paid in bitcoin on all traffic out of the Persian Gulf. The Iranian government obvio…

Commentary: Who Really Pays for the Strait of Hormuz Blockade?

Commentary: Who Really Pays for the Strait of Hormuz Blockade? - The February 2026 U.S.-Iran conflict has exposed fatal flaws in global energy security — and revealed why China is weathering the storm better than the West