Iran War & Ceasefire — 2026-04-13
Iran Charges Ships Crypto and Yuan Tolls for Hormuz Passage Despite Ceasefire
Iran's
Analysis
Prior reporting established Iran's toll system in late March at $2M per vessel in yuan. The new detail: 15-20 ships transited in the past 36 hours through an Iranian-designated corridor; the system is operational and scaling. ADNOC's confirmation that the strait is 'still not open' despite the ceasefire undermines the administration's framing of the ceasefire as having restored normalcy. Whether Iran can sustain parallel toll collection alongside a US naval blockade will test the operational limits of both forces.
Prior reporting established Iran's toll system in late March at $2M per vessel in yuan. The new detail: 15-20 ships transited in the past 36 hours through an Iranian-designated corridor; the system is operational and scaling. ADNOC's confirmation that the strait is 'still not open' despite the ceasefire undermines the administration's framing of the ceasefire as having restored normalcy. Whether Iran can sustain parallel toll collection alongside a US naval blockade will test the operational limits of both forces.