Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
Published . Updated .
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Tracks U.S. crude prices when Gulf supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with a Gulf supply scare
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers move when sanctioned barrels leave the market
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil ch…
Source: CoinDesk
United States Brent Oil Fund (BNO) since this story, compared with the market
Since the first closing price after “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says,” United States Brent Oil Fund (BNO) is +13.89%. The S&P 500 fund (SPY) is -0.89% over the same days, a +14.79% difference versus the market. industrial stocks (XLI) is -1.91%, a +15.80% difference versus that group of stocks.
The Strait of Hormuz count beside this story
Strait of Hormuz has 195 linked stories in the last 7 days and 195 in the last 30 on the page that also carries “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” The recent pace is rising.
United States Brent Oil Fund (BNO) on one side of this shipping story
Companies mentioned with this story
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 18 Sep 2026 story “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- UGA United States Gasoline Fund
In “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says,” United States Gasoline Fund (UGA) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- GSG iShares S&P GSCI Commodity-Indexed Trust
iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, high confidence in the 18 Sep 2026 story “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- VDE Vanguard World Fd
Vanguard World Fd (VDE) is linked, with no stored direction, high confidence in the 18 Sep 2026 story “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- FENY
For “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says,” FENY is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence in the 18 Sep 2026 story “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- IEZ Ishares U.S. Oil Equipment & Services Etf
Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 18 Sep 2026 story “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- BOAT Sonicshares Global Shipping Etf
In “Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says,” Sonicshares Global Shipping Etf (BOAT) is linked, with no stored direction, medium confidence. Reason on file: Shipping-route or port disruption can alter freight capacity, rates, and carrier earnings expectations
What Strait of Hormuz means for United States Brent Oil Fund (BNO)
“Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says” (18 Sep 2026) reaches United States Brent Oil Fund (BNO) through Strait of Hormuz.
United States Brent Oil Fund (BNO) is on the page because Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
Also listed, United States Gasoline Fund (UGA): Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
Dates and price levels for United States Brent Oil Fund (BNO)
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.
How solid the shipping case looks
46 out of 100
“Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says” scores 46 out of 100. The score uses 1 sources, and 14 linked companies.