Iran starts to formalize its chokehold on the Strait of Hormuz with a ‘toll booth’ regime

https://apnews.com/article/iran-hormuz-shipping-tolls-china-de5159966cde7de7b964b3c2c67eec07

45 Comments

  1. Randall_Moore on

    Any bets on when the UAE decide that their half of the shores means they get to charge tolls too?

  2. neontetra1548 on

    Significant things that reshape the world can happen when you destroy the system of international law and choose to start an incredibly stupid war.

  3. Mysterious-Oil-7094 on

    Hey, remember when the US attacked Iran at Israel’s request and that resulted in Iran choking out oil exports through the Straight of Hormuz making gas more expensive globally?

  4. That kind of prevents the Americans from just leaving – they are going to have to fight it out.

  5. Thanks for giving Iran the ability to do this America, ya dim bulbs. Stop messing with things you clearly don’t understand.

  6. This literally makes Iran better off than before the strikes with the lifting of oil sanctions as well. Wow trump was so right that we would get tired of winning, I’m tired can someone please sub me out now?

  7. Life-is-beautiful- on

    Why can’t the ships just take the Oman territorial waters? Right now, Iran might threaten to blow the ships out. But, once there is a deescalation, why should any country pay toll to Iran?

  8. Electronic-Radio-383 on

    Apparently Oman has a rightful claim of territorial waters it doesn’t matter which side. Iran definitely doesn’t own the whole Strait so this is a territorial claim too.

  9. This will be the final straw for Saudi, Bahrain, Qatar, and the UAE. They’ll enter the fighting soon.

  10. Kixisbestclone on

    This seems rather dumb on Iran’s end, all this does is just make an enemy of everyone else. It’d make more sense if they just charged American shipping cause yknow not friends and all, but I feel like the other nations of the world are probably a lot more willing to fight Iran when they now have to pay extra on shipping oil.

  11. Regardless everyone else except the riches is gonna suffer when all the costs are gonna get passed on to the consumers.

  12. Depends on the size these tankers but if these are VLCC, with $100 oil the premium of a $2M dollar toll is about 1%

  13. Trump removed sanctions on Iran to help him politically with gas prices. TACO Don strikes again.

  14. I thought the US had the best navy in the world? Why cant they control a simple corridor. 

  15. So trump firstly unilaterally exited a non-nuclear agreement signed between UK, Europe, China, Japan, US and Iran, that was working and allied inspectors in etc.

    Now he has managed to get the previously open strait closed and further into the Iranians hands.

    What a fucking idiot.

  16. MikeHuntsUsedCars on

    Or the US just stops all their ships as well and it’s a zero sum game.

    Not really a lot they could do if the US just commandeers every ship leaving Iranian ports after they transit the strait. A lot of oil could be captured that way.

  17. annd Dossie Donald is one step closer to losing the petrodollar. So now we have two parties with a lot to lose and escalation fucks the world.

  18. BlipBlapBloppityBoop on

    Americans are likely jealous. This is absolutely what they have tacitly supported Trump doing for years now.

  19. Are they gonna make everyone pay in Iran currency and make it fixed to USD? Or Chinese currency?

  20. I’ll never forgive many Americans for falling for the new republican “nuclear bombs!!!” fear mongering after the fiasco that the last republican’s “yellowcake!!!” fear mongering produced. 

    Some people are truly idiots and just incapable of learning. It’s the exact same excuse and they fell for it… again. Like the idiots their leaders know they are. And just like they fell for everything Trump lies about every time he opens his mouth. It’s disgusting. 

  21. 605pmSaturday on

    What happens when the US doesn’t recognize this and simply sails through, at least with military vessels. Would Iran attack the US Navy?

  22. Armano-Avalus on

    They were way more effective at dominating the strait than most people expected. People were expecting mutual destruction but right now they effectively control 20% of the world’s oil trade. That’s worse leverage than any nuke they could’ve gotten.

  23. MeaningMaker6 on

    So the U.S. and Israel entered the war on the vague notion of regime change and have ended up:

    1. Replacing Khamenei with Khamenei;
    2. Causing sky-rocketing global oil prices;
    3. Triggering regional turmoil by drawing in non-combatants into a conflict you didn’t consult them about beforehand; and
    4. Delivering a brand-new Strait of Hormuz toll to the countries and economies of the world.

    If this is Trump’s idea of winning, the world has had enough. One of the only good things that has come out of this war, is that it’s kept Trump busy and away from underage children for awhile.

  24. I’m surprised they didn’t do this wayyyyy earlier.

    Who needs a nuclear bomb when you can control the flow of oil!