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Friday April 17, 2026 Tehran is floating a plan to settle Hormuz transit payments in its own currency, a move Iranian officials say could bolster the rial and unlock as much as $15 billion a year in revenue. / Reuters A proposed bill to formalise Iran’s sovereignty over the Strait of Hormuz is being framed in Tehran as more than a territorial assertion: it is also intended to give the rial a stronger foothold in regional financial dealings, according to Iran’s semi-official ISNA news agency. Ahmad Naderi, a member of…