This is an I-Heart podcast.

Guaranteed Human.

Broadcasting live from the Abraham Lincoln Radio Studio

at the George Washington Broadcast Center.

Jack Armstrong and Joe Getty.

Armstrong and Getty.

And now here's Armstrong and Getty.

The Iran's long-term plan for that waterway includes.

Iran's long-term plan for that waterway includes a corridor to be opened up in which you would need to transit with the blessing of the Iranian

military and also potentially paying fees to Iran itself, which sounds an awful lot like

tolling, which is against freedom of navigation and international law.

Yeah, so Iran is working with Oman.

This is the story that broke yesterday.

In talks about tolls for ships going through,

they're going to set up a process where you pay a toll to get through the Strait of Hormuz.

And the other country that's right there on the Strait of Hormuz with Iran is going to help make this system work.

And you'll pay in crypto.

So you pay Iran slash Oman in crypto and your boat gets to go through and either we're going to allow that to happen or not.

But that's their plan going forward. So it sounds like... to go through and either we're going to allow that to happen or not.

But that's their plan going forward.

So it sounds like Iran has, at least at the moment, a regional ally?

Right. That's interesting.

...