Iran has started charging oil tankers passing through the Strait of Hormuz in cryptocurrency (primarily Bitcoin), according to recent reports. This move allows the country to bypass traditional banking sanctions and receive payments in a borderless, hard-to-freeze asset.
With global oil supply already under pressure, any disruption or premium payment in BTC could drive increased institutional demand for Bitcoin as a geopolitical hedging tool. Analysts believe this real-world adoption under sanctions could act as a major catalyst.
If tensions escalate and more oil payments shift to BTC, many experts forecast Bitcoin could realistically test $100,000 in the coming months, especially with current institutional accumulation trends (BlackRock, Strategy, etc.).
