Former President Donald Trump has issued a stark warning that the United States and Iran may form a joint venture to impose tolls on vessels passing through the strategic Strait of Hormuz, a move analysts warn could trigger a 10% correction in oil prices and destabilize global energy markets. The unprecedented proposal, revealed in a recent statement, represents a dramatic shift in geopolitical strategy for the critical maritime chokepoint.

According to ABC News reporter Jonathan Karl, Trump plans on establishing a partnerhip with Iran to make the US more money off the tolls, calling it “a beautiful thing.”

“We’re thinking of doing it as a joint venture. It’s a way of securing it — also securing it from lots of other people,” the President reportedly told Karl in a a phone interview Wednesday morning. On Tuesday night, the former announced that a two-week ceasefire was reached between Iran and the United States.

This morning, I asked President Trump if he’s okay with the Iranians charging a toll for all ships that go through the Strait of Hormuz, he told me there may be a Joint US-Iran venture to charge tolls:

“We’re thinking of doing it as a joint venture. It’s a way of securing it —…

Earlier today, sources at the Financial Times said Iran will now require ships passing through the Strait of Hormuz to pay their tolls in Bitcoin. It is unclear if the US will take crypto for their side of the joint venture to charge tolls in the Strait. OKing a toll would mark a dramatic shift in US policy toward Iran and maritime security in the region.

The ceasefire remains limited in scope and duration. Any breakdown in negotiations could halt transit or alter the payment framework, leaving companies exposed to sudden shifts in policy. For now, the introduction of bitcoin as a toll mechanism marks a test case for cryptocurrency use in sovereign-controlled trade routes, with implications that extend beyond the region.