No, but under normal circumstances 20M barrels a day pass through the Straight. That's another 20M dollars of transactions per day. Assuming Iran would hold the Bitcoin, that's 600M a month off the ma...
Your question was about fees which is more related to number of transactions than to fiat price of a transaction. Unless each barrel of oil is its own bitcoin transaction, then we’re only talking about adding a hundred or so transactions to the block chain per month which will not move the fee needle.
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