Iran locks the Hormuz Strait and demands $1 in Bitcoin for every barrel of oil that wants passage. At roughly 20 million barrels per day, the toll machine turns into a full orange macro fever dream.
BREAKING: Iran announces that their cryptocurrency of choice is Bitcoin. https://t.co/le5XsunXo7 pic.twitter.com/uwCo1BSWbT
— Polymarket (@Polymarket) April 8, 2026
Time to silence the ₿ears. $BTCpic.twitter.com/hW1j1JCidw
— Michael Saylor (@saylor) April 8, 2026
BREAKING: Iran is demanding $1 per barrel of oil passing through the Strait of Hormuz, payable in cryptocurrency, per FT.
— The Hormuz Letter (@HormuzLetter) April 8, 2026
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…