- cross-posted to:
- technology@lemmy.ml
- cross-posted to:
- technology@lemmy.ml
He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.



The strait of hormus does not lie in international waters. What do you mean by “high sea piracy”?
It is considered international for transit passage.
Considered international by people who want to pass through the strait without paying.
A quick google search will give you the history.
It’s considered international by international maritime law. Free passage, freedom of navigation is essential to trade and commerce.
Iran‘s attack on international shipping is a breach of international law and an act of war.
A blockade can be legal under international law, but it’s always an act of war. Demanding a toll to pass means it’s not a legal blockade.
Piracy = taking or using something that is not yours.