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BREAKING: Could the Strait of Hormuz represent game over for XRP? Here’s what analysts are saying.
The Strait of Hormuz, a vital artery through which nearly 20% of the world’s oil flows, has become the epicenter of a debate about Bitcoin and XRP that transcends the geopolitical tensions between Iran, the US, and the rest of the world.
Amid the fragile truce of April 2026, reports indicate that Iran is demanding a toll of approximately $1 per barrel (in Bitcoin or yaun) from tankers wishing to cross the Strait of Hormuz.