He says other nations will have to guard and police the Strait of Hormuz as necessary, after his attacks on the country prompted Iran to target vessels in the crucial world shipping lane. Mark Stone analyses the Truth Social post.
He says other nations will have to guard and police the Strait of Hormuz as necessary, after his attacks on the country prompted Iran to target vessels in the crucial world shipping lane. Mark Stone analyses the Truth Social post.
If you’re iran, what’s stopping you from charging a toll for anyone using the strait?
Oh, you want your oil tanker to leave the gulf? That’ll be one million dollars.
Make an exemption for oil traded in non-usd for maximum fun.
Literally nothing. Trump proved time and time again that you can be the most brazen scumbag on the planet and suffer no consequences.
No consequences yet. I’m hopeful some kind of Iranian batman will show up and settle the score.
Basically incompetence. Iran (and Houtis) have been hitting ships they clearly were not supposed to hit. It is not necessarily easy to figure out which ship is which. So even ships that are allowed by Iran are scared of crossing rn. Also, mines don’t discriminate.
UPDATE: Iran started doing this. After a ship pays the toll, Iran is forcing ships to first sail close to the shore into Iranian territorial waters to identify them more easily, mitigating the issue mentioned by me. Even so, wery few ships so far are willing to trust the Iranians and pay the toll.
They’ve already pitched the idea of a 10% toll
This is current state of shipping in SoH. Everyone who goes through has some deal with Iran to pass safely. Iran has offered an “Islamic assembly” (UN/NATO like) peace deal for neighbours. Backup plan if GCC does not ally with Iran is to keep the toll system.
One ship reportedly paid Iran $BritishPounds2B to go through. $ and Euro are worthless to Iran because of corrupt banking system. All payments in CNY already.
If youre ona phone keyboard holding “$” should give you other currency symbol options. £, €, ₩ etc. Otherwise the usual syntax to denote pounds is to leave off the symbol and append GBP. Eg £2B or 2B GBP are easier to read and easier to type.
It’d be a way to pay for reparations, at the expense of some diplomacy.
That’s kind of what they are already doing.
Source? Not saying you’re wrong, but I haven’t heard this anywhere.
I only heard about this one so far
https://www.independent.co.uk/news/world/middle-east/iran-shipping-route-strait-of-hormuz-b2942596.html