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    Iran formalizes Strait of Hormuz control and toll collection
    Politics

    Iran formalizes Strait of Hormuz control and toll collection

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    38 Comments

    3. nasorrty346tfrgser on

      I mean they won the war… It is just what it is now. We stopped the negotiation, then we lost the war. Now we take the consequences…

    5. Tobimacoss on

      What did Hegseth and his morons think would happen? Iran has the upper hand in this.  

    11. HerbaciousTea on

      You literally could not have planned a better destruction of US global power than this.

      The underpinning of US economic leverage is that the majority of international energy trade is done in USD. Energy ties into ALL sectors. That means the US can affect GLOBAL commerce, at every level, just by setting domestic financial policy.

      The petro dollar exists because OPEC agreed to do business in USD, in exchange for effectively being left alone to set global oil prices with their massive supply, stabilizing oil and gas prices at the point where it’s most profitable for them.

      Everyone needs fossil fuels, everyone does business with OPEC, so everyone uses USD to do so.

      Now, that is gone. OPEC is slowly dissolving, the USD is no longer going to be the currency of energy exchange, and the US is actively losing that massive global financial influence.

      What the Trump admin has done, is what I would attempt to do if I were playing a war game as an *adversary* of the US and were trying to destroy US influence.

    13. -Random_Lurker- on

      Who could have seen this coming. Seriously. Who.

      Oh yeah, that would be Obama. Who made a treaty to prevent it. That Trump tore up as soon as he took office.

      Just like he fired the pandemic response team in 2019. And cut hantavirus research in 2025. And fired the CIA Iran counterintelligence team in 2026. Trump is the absolutely master of pre-emptively peeing on his own foot. Considering he also fired the CIA cybersecurity team, guess what the next crisis will be?

    14. RamonaQ-JunieB on

      Once again, Trump manages to screw the pooch in the most spectacular fashion possible.

    16. jayfeather31 on

      The amount of leverage Iran has right now is, quite frankly, incredible. This kind of thing could, given the right set of events, sink the petrodollar.

    17. TechnicalScheme385 on

      Yeah yeah, and how do we shut this shit down and why is it the republican controlled government isnt stopping any of this? Will we make it past the midterms? As the destruction is on a rolling downhill process. Its gonna get worse.

    20. jawo1952 on

      In addition, the elephant in the room is our massive $39 trillion debt requiring $21 billions interest payments every week. Mind you this is weekly. Ultimately this will bankrupt the USA. This is the result of Trickle Down Economics touted by the GOP.

    21. lifeat24fps on

      I think the estimates a few months ago was that tolling the strait will net Iran the equivalent of 4x the cash Obama returned to them every year, forever.

    23. GlitteringRate6296 on

      Thank The Trump administration, the GOP who put no restraints on him, and the MAGA cult.

    24. BIGplouf on

      Setting a precedent for tolling narrow water-ways. Rip freedom of navigation.

    25. Holiday-Age6347 on

      can’t wait for the next MAGAt to whine about the “pallets” of money he “gave” to Iran. Like, a 5th grader could have negotiated a better outcome

    26. ArsePucker on

      I work in semiconductors. I was just talking to our gas supplier. Majority of our helium comes from gulf states. There has been no supply for weeks. The US is at dangerously low levels. Fabs will start closing if we don’t get Helium soon.

      Fuck this shit..

    30. Nikiaf on

      This might be the biggest strategic blunder and biggest self-own in modern history.

    33. Important_Fruit on

      A sanctioned tanker “slipped through” the US blockade undetected?

      Seriously? The greatest military power the world has ever known. A body of water as narrow as 50 kilometres wide in places. And a tanker that’s not supposed to slips through undetected.

      Outstanding work, I’d say.

    34. Louciant on

      This is a missed opportunity on Iran’s part. Should have called it the

      Tehran Authority for Collection Operations.

    35. baylaust on

      You couldn’t sum up Trump’s life better than “Had you just done absolutely nothing, literally everyone and everything would be better off than where they are right now.”

    36. wyerichard on

      I think it can be argued that Trump has done more damage to the world with this war than the Iranians with a nuclear bomb would have done.

    38. ATXGil2L on

      At no other time in American history has a president gone out of his way, personally, to ensure the American people pay more for everything.