Here's how much money Iran can make charging tolls on one-fifth of the world's seaborne oil

Strait of Hormuz tanker traffic is nearly at a standstill, costing Iran immediate transit revenue but creating the potential to earn "billions" of Chinese yuan — or hundreds of millions of U.S. dollars — per month once normal tanker flows resume. Restoration of transit would boost Iran's FX receipts (notably yuan), affect regional oil export capacity and shipping flows, and could exert material influence on energy and shipping markets if realized.

Analysis

Strait of Hormuz tanker traffic is nearly at a standstill, costing Iran immediate transit revenue but creating the potential to earn "billions" of Chinese yuan — or hundreds of millions of U.S. dollars — per month once normal tanker flows resume. Restoration of transit would boost Iran's FX receipts (notably yuan), affect regional oil export capacity and shipping flows, and could exert material influence on energy and shipping markets if realized.