Iran seeks $2 mln vessel fee for Strait of Hormuz passage under its peace plan

Don't forget to subscribe separately to Gibraltar Max!

Sorry, the ad-free benefits has actually moved up to our Panama++ tier.

Panamax would be a better name, because it's a real thing lol

Wait is it really split 50/50 with Oman? I know they have equal amounts of the strait in their waters, but I imagined Iran would make more as they would spend more on militarily enforcing / protecting

Bet. Trump is going to revive his Panama Canal ambitions again and justify it as, “Iran does it!” I’d say that was his 4D chess move all along, but we know that’s not the case with him lol.

>gave Trump the idea to do it Whenever I hear this I just think of [The Naked Gun hostage scene](https://youtu.be/JnI30mIKW2k?si=YgpNhL_BLx9ksqhW&t=34).

Go half and half with Iran. 50B for each.

Yup there is historical precedence for all the things you mention with the Øresund strait and Denmark. That lasted for centuries and only stopped when it became militarily and politically infeasible for Denmark to enforce. What happens is trade and transits are reduced if the toll is too high, then the tolls are reduced to attract more transits etc. It's a demand-supply thing.

So no taxes on ships carrying other goods? Wouldn’t that cause everyone to convert their energy into non oil and non gas products even more?

How much did US spend *causing it* in the first place? But sure, there is no accountability for Trump's actions, such as starting a war (well, 3-day special operation to try to avoid needing Congress to sign off) - then when it wasn't a simple quick slam dunk - leaving others to pick up the pieces. And then go mad that they don't agree to be the idiots left holding the bag. And then the argument is "we won't spend money to fix this, not our business".

The thing is, it’s really hard to see giving Iran a veto over the economies of Europe and Asia as an acceptable outcome. Even though European and Asian countries had no say in the bombings, this will be primarily their problem and i really doubt they will go along with it. It’s also really hard to see KSA and UAE tolerating it. The reason KSA has so much influence is they are the ones who can turn the oil spigot up and down. Need more oil? They can pump more oil. This would essentially transfer all that power away from KSA to Iran. Hard to see the Saudis just rolling over. The fees are less important here than the leverage. If Iran just commits to charging a fixed fee but allowing everyone to pass, thus gaining no say in the flow of oil, that may be acceptable to everyone. I mean it sucks that we’re essentially guaranteeing Iran becoming the 2nd nuclear powered rogue state after NK (something that all US administrations and European leaders have attempted to prevent). But it’s hard to see how you prevent that at this point after Trump’s horrendous war

I mean should've never gone to war, but these are completely unacceptable terms that open up a can of worms related to bodies of water.

[deleted]

Art of the Deal baby!

But we don’t need it, and we also need it, and we need help, but we don’t need help, we don’t even need nato, but nato should help, but we don’t need it, but it needs to be open now, but we don’t need help, but could you please help, but we don’t need it, but please open it, OPEN IT NOW. Please? We don’t need it of course but we need you to open it.

I thought we haven't needed it for for decades.

Great news, Trump has negotiated his own $2m personal kickback on all ships and will be building a new golf course and resort in Iran. The new Ayatollah is invited for a state dinner to celebrate!

I think I saw that he actually wants to set up his own toll booth now that he saw somebody could.

Lego animations from the Ayatrollah

That’s rich. What are Conservatives viewpoints on citizen protestors here, stateside? 🙄

Conservatism is a mental illness. You can't reason with them.

It's rich coming from a country where ICE has flagrantly murdered two people in the street, mostly for existing, not even protesting.

And obviously it’s better to wipe out the whole civilisation than stand idly by while the government kills protestors… for the safety of their citizens.

People forget that the IRGC is designated as a terrorist organization by, Australia, Canada, the European Union, Israel, Saudi Arabia, Sweden, Ukraine, and the United States.

The IAEA reports detailed dozens of cases where Iran either explicitly didn’t follow the terms of the agreement or stonewalled requests for information with “not technically credible explanations”. Some examples of those are documented here: https://www.fdd.org/analysis/2019/11/20/uranium-particles-found-in-iran-why-it-matters/ JCPOA was close to TSA than actual security.

Exactly. Anyone who thought Trump could solve the problem in the Middle East cannot think multiple steps ahead. Trump and his crew couldn’t manage a Burger King much less a complex geopolitical strategy.

Nope, he's eating crayons while other world leaders expected him to at least play checkers. He gave everything Israel wanted and got nothing in return. Now he is burning up any approval he has with his base, and is throwing a tantrum over it.

> How would they build a pipeline to India and China. Just build it to ports across peninsula for VLCCs to pick it up there > how do we know Iran won't just get someone to blow it up anyways? Iran would only be able to blow it up if they are waging full on war with gulf, which would automatically expose Iran's own oil assets. In such a war, Iran is very vulnerable Outside of war, this would circumvent any Iranian tolling system

It's not about the prices, they have plenty of money. It is about not giving Iran control over their economy.

Actually, those region already started to look to building resilience in their supply chain That means relying less on Hormuz

The f*** did y'all just call Öresund? Don't make us cross the sea again next time it freezes over.

That's very difficult sailing. 50 footers are regulars in those waters.

Either way, it’s obvious that allowing for this would destroy international trade when taken to its natural conclusion. Imagine a world where every ship passing through the Strait of Gilbraltar, Strait of Dover, the Danish Strait, Strait of Mallaca, etc all have to pay massive fees.

Brutal waves if you go too far south. It’s very dangerous 

Nah fr 😂 does South Africa even have the military capability let alone the funding to try something that? I know drones are c**** but we’re talking damn near 1000 miles worth of sea lanes they’d have to control, come on man 😭😭😭

Not if they pull the Iran model and start threatening to hit ships with Unmanned Surface Vessels.

Ahh, sorry. I fixed it, meant $1/barrel https://www.businesskorea.co.kr/news/articleView.html

Since the Iran war, the Panama Canal is much more in demand due to changing trade flows Now you will need to win an auction to get a s***, the auction results have been 1.5million recently That’s in addition to the fee you mention

*starts charging MORE for Panama Canal access* Also, makes sense that these are charged, guess it helps for the risk of environmental to local damages that may occur.

The US more than broke even on its fees during its decades of control; forgetting the geopolitical and strategic benefits it got from being able to traverse the Isthmus.

Theoretically they could build more pipelines and not need the strait in a few years, then turn this fee around on iran since iran doesnt have the option of building pipelines.

That's going to depend heavily on what state Iran's military is in when all of this is over.

The new ayatollah