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Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low

  • Posted on May 3, 2026
  • By Fortune
  • 1 Views
  • 1 min read
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low

In Tehran’s Ferdowsi Street, the capital’s main currency exchange hub, the dollar was trading at 1,840,000 rials.
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Author
Fortune

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