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News & Current Events Apr 6, 2026 at 7:54 AM

Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth

Posted by BendicantMias



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dhaliman 5 days ago +345
If a deal is reached and Iran decided to impose a toll, would the Americans have to buy Chinese yuans with their American dollars to get through?
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hoopparrr759 5 days ago +290
Nothing says strategic win more than enriching two other global superpowers. Well done Donald, you can sit down now, keep your brains warm.
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Dudedude88 4 days ago +6
The Chinese have a meme that Nickname him as "the great builder"... And he's not talking about America...
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Konstiin 4 days ago +22
China and? You’re not calling Iran a global superpower right?
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Most-Pomegranate-561 4 days ago +54
Presumably they mean Russia
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rubywpnmaster 4 days ago +12
Russia isn’t even close to a superpower. They’re a nuclear armed mid-tier regional power. 
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FuzzyAd9407 4 days ago +4
A gas station that the Iran war is forcing customers back to who had tried to drop them
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glmory 4 days ago +12
Yeah, if you look at the country that is most comparable it is Brazil. They both have similar population and GDP. Except Brazil is growing and improving while Russia is in decline.
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Pale_Change_666 4 days ago +9
They're a gas station with nukes
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Irish_and_idiotic 4 days ago +2
I understand your PoV but don’t we essentially have to treat them like a super power? Because they have nukes? Then again… we don’t think of France as a super power so my point is moot
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hoopparrr759 4 days ago +4
Russia.
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AccurateArcherfish 4 days ago +1
Next we invade Canada, Greenland, Cuba, and Mexico. World conquest baby!
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Serpentongue 4 days ago +8
Iran is also accepting crypto and the US has a separate undocumented stockpile they can use as a slush fund to pay the bribes their citizens will never be told about.
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musci12234 5 days ago +50
US gets less than 10% of its oil from middle East based on quick google and it probably is pre Venezuela. US can avoid importing. The bigger issue probably is that if Iran manages to streamline the process enough that most of supply blocked due to this starts flowing leading to oil prices dropping then will Trump care enough about long term impact or will he just take it as a win for mid term ?
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BendicantMias 5 days ago +90
If the process is streamlined, then that means that a large portion of the worlds' oil will now involve Yuan payments. That's not gonna be good for US solvency. Especially since they're now talking of also taking control of the Bab Al-Mandeb strait as well - [https://www.forbes.com/sites/zacharyfolk/2026/04/05/iranian-officials-now-threatening-to-close-bab-al-mandeb-strait-after-trump-threats/](https://www.forbes.com/sites/zacharyfolk/2026/04/05/iranian-officials-now-threatening-to-close-bab-al-mandeb-strait-after-trump-threats/) Also if the latter happens, then Trumps' boss Israel will be significantly affected too. Can't have that. Iran is also earning a lot this way, and will earn more post-war if they still control the strait (as will the Houthis for the other strait), meaning he would actually have strengthened all 4 of his enemies - Iran, the Houthis, China, Russia. While weakening the hand of the Gulf states, Europe and America. And ofc incentivizing Iran to get that nuke. They're already planning to ditch the NPT, so it won't even be against any rules anymore (similar to the excuse Israel loves to make for their nukes) - [https://www.moneycontrol.com/world/iran-moves-proposal-to-exit-nuclear-treaty-as-west-asia-tensions-deepen-article-13873583.html](https://www.moneycontrol.com/world/iran-moves-proposal-to-exit-nuclear-treaty-as-west-asia-tensions-deepen-article-13873583.html)
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ryvern82 5 days ago +43
I mean... he could still make it worse, I have faith.
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musci12234 5 days ago +11
It won't be good for US but does Trump care about that? When Iran had a nuclear deal with US hamas and other Iran funded groups were very calm probably because Iran was selling oil and didn't want to kill that revenue source. I think it can be argued that if Iran was making money from a stable trade they would have incentive to ensure that stable trade keeps happening. Going for WMD or blocking world Trade for non defensive reasons would make Iran extremely unpopular and would lead to a lot more nations coming together to take action. Even china doesn't want them getting nukes.
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TheDarthSnarf 4 days ago +8
> And ofc incentivizing Iran to get that nuke. They're already planning to ditch the NPT, so it won't even be against any rules anymore (similar to the excuse Israel loves to make for their nukes) With Israel saying they'll never allow Iran to get a weapon, and nothing is off the table... the real danger is that Israel quickly escalates to the use of WMDs because they fear they won't be able to prevent the Iranian project to attain them otherwise. Remember this is an Iranian regime that has repeatedly said that it's goal is to completely wipe Israel from existence. This has become a zero-sum scenario of 'we exist' or 'they exist' in the eyes of both countries leaderships... which could lead to extremely catastrophic consequences for the entire region.
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tri170391 5 days ago +13
Well IDK how he would deal with the eventual collapse of the petrodollar (and the dollar as a consequence) if that becomes the new normal and his "Bored of Peace" board which mainly consists of his Gulf "buddies".
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musci12234 5 days ago +2
If Iran just went "half of profit from toll setup" with go to board of peace Trump will go "flawless". There will be no profits.
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Zgicc 4 days ago +4
This is such a weird metric and unlikely to be true The reality is nobody really knows where the oil really comes from once ships discharge and load up because the port of origin then changes.. Its so easy to fake. that its dumb.
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seriouslythisshit 4 days ago +3
NO, the US CAN NOT "avoid importing". The US is a net exporter, but crude oil and refining are both complex. The type of crude we pump in the fracking era is light, sweet and unusable in most domestic refineries. Refineries in the US are mostly set up to handle the sour heavy crude of the mid-east, which is what they were built for 50-70 years ago. We now import 60% of our daily energy needs, mostly from Canada, then south America and the gulf. We also import half a million barrels of gasoline daily, for the east coast market. We are very, very far from energy independent at this point. The other point about the fantasy of energy independence is that ALL oil is global and sold to the highest bidder. There is also a massive difference between stated oil prices, AKA "paper prices" and what buyers will spend for delivered oil. Currently WTI, a benchmark Texas crude has a paper price of $112/barrel, but buyers will pay a premium of $30-40 a barrel OVER that price for a guaranteed deliver to various global destinations. So a supertanker full of three million barrels of WTI is now worth $120 million more in Asia than it is in Louisiana, Once all the undervalued speculative oil buys (paper oil) have rinsed out of the system, all pre-strait closing tankers are empty, and countries have exhausted whatever they are willing to drain from strategic reserves, oil can quickly go to $150-200 a barrel, even in the states. If there isn't a quick resolution to the Iran mess, gas in the states can quickly go to $6 then $8 and beyond.
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External-Holiday-560 5 days ago +4
But the SoH is als gateway for a lot of other resources the US might buy. Helium, fertilizers, gas, raw materials and re-exported goods, ...
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koombot 4 days ago +3
Dont be so sure about it not having an effect because the USA doesnt get its oil through the middle East. Oil is an internationally traded commodity and an change in one oil dollar price can have huge swings in the price of other countries oil price. WTI is a good example of this where at first its abundance of shale oil caused an international collapse in the price of oil (and stopped it from climbing back up due to the relative speed the wells can be producing as well as a back log of drilled but not completed wells).  Things just about stabilised by COVID but then Iran and Russia got into a passing contest and decided to produce more further pushing the price of oil down followed by WTI going negative due to over supply, reduced demand and pretty much nowhere to put it). Simply put, if the price of oil from the middle East goes up due to a toll, people will look for alternative sources and the price of alternatives (such as wti) will increase until it is slightly below middle Eastern oil.
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Xylus1985 4 days ago +1
You mean Trump and his buddies will get rich?
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pVom 4 days ago +1
Likely gulf nations would eat the cost and have their oil bought than not just to avoid a toll.
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koombot 4 days ago +1
Like tariffs?
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pVom 4 days ago +1
Nevermind, I completely missed the point of your post when I read it after a few drinks last night.
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koombot 4 days ago +1
No worries my dude.  It is a ramble that tries to put way too much information into a single post.  Oil pricing is intractable and tbh anything could happen.  As the say in finance 'past performance is not an indicator of future success'
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seriouslythisshit 4 days ago +1
First ,there is massive damage to oil infrastructure in the gulf at this point, and possibly far more to come. It doesn't take a huge percentage of worldwide daily consumption offline to create shortages and wild price spikes, so it could be years until oil prices settle back to well below $100. Second, that toll works out to a dollar or less, per barrel on a large tanker load. That is a rounding error, not a way to destroy demand. Oil shortages and high prices are here for years ahead, as gulf countries and Israel spend years, up to five years, rebuilding war ravage infrastructure.
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smltor 3 days ago +1
Unfortunately for the US lots of its aluminium comes from the Gulf. Australia is sort of helping with aluminium but we have our own problems there. Fertiliser might become interesting if Canada keeps on diversifying away from the US and Russia / Belorussia stay under sanctions (not for fertiliser per se but the knock ons of shipping etc seem to suck). Probably more of an issue for the rest of the world though.
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cosmicrae 4 days ago +3
Yes, but these would be *special* CNY, only available on Aliexpress.
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ProtoplanetaryNebula 4 days ago +3
The Americans won’t as they don’t source oil from there, but the countries that do will have to buy yuan, which will impact the USA.
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h1nds 4 days ago +1
Isn’t the Yuan an opaque currency?
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leisurechef 4 days ago +1
Essentially yes but now China gets to set the price of the conversion both now and in the future
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Timey16 4 days ago +1
Yes, in any case it means the petrodollar is now no longer the one dominating currency. Cracks would form that would now not only be filled by the Yuan but also by i.e. the Euro. I feel like many Americans are not aware just how IMPORTANT the dominance of the petrodollar is, it makes the US very resistant (not immune, just resisting) to inflation due to oversupply of cash. But once that goes away all that "stored up inflation" from their decades of just printing money will hit. And then we are talking inflation rates of like potentially hundreds of percent. It may not just be the end of the US as a political superpower but also as an economic one. This is why the US now is stuck in Iran, they can not AFFORD to just hand the strait of Hormuz over to Iran. But no amount of air campaign will open it, at the end of the day the US would need a ground invasion and an occupation... which would require like almost a million men to do. Which would require a draft to take place. So either way the US is in deep shit, but they decided to step into that themselves.
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Lord_Vesuvius2020 4 days ago +1
Presumably the US would no longer be trading with the GCC countries.
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RepresentativeNo7802 4 days ago +63
I think mistakes in foreign policy rarely go unpunished. That isn't just for the USA, but all countries. If you create a blunder, others will step into that space to exploit it. Sure, the USA maybe won't experience the worst of the pain from oil shortages, but that is just part of the equation. Iran has currently monetized the straight of Hormuz and many other countries tries rely heavily on the products (not just oil) that pass through this waterway. They will be forced to conduct their business in accordance with the terms set by Iran. In total this appears to be a huge blunder both economically and politically by the US administration. I find often populations see their governments as not being a real reflection of their beliefs, and in a way therefore don't understand the implications it might have on them personally. If this war were to really go wrong, and the USA were later found to be in violation of international laws, could reparations be demanded? Would rhe US tax payer have to pony up for damages caused to third parties? Today enforcement seems unlikely/impossible... but what happens in 20 years? Just a thought.
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Ok_Career_3681 4 days ago +138
It’d be hilarious if Iran demands the release of Epstein files in exchange for the opening of the strait.
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Xylus1985 4 days ago +44
More likely for Iran to request Trump and the next level down of US government to be delivered to them for public execution
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Count_Dirac_EULA 4 days ago +32
Seems pretty win-win to me.
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SerDuckOfPNW 4 days ago +7
We demand McNeal!
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Internal_Influence26 4 days ago +1
Lrrrrr has spoken
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EldritchMacaron 4 days ago +2
That would be an incredible move from them, NCD worthy
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yubsnubs 4 days ago +19
It's an older code, but it checks out.
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freeblowjobiffound 4 days ago +2
I don't know, sail casual ! 
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Broad-Lobster7470 5 days ago +40
Bet you it’s something like “release the Epstein files”
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fudgemeister 4 days ago +8
Anybody got any dimes? We're gonna need a shitload of dimes. Blazing Saddles predicting the future again
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CrumBum_sr 4 days ago +5
Ubiquitous, Mendacious, Polyglottal, Donkey Balls
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SerDuckOfPNW 4 days ago +6
Pashang inyalowda thinking deya Dusters.
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Vammypoker 5 days ago +4
Crazy b@#&_-()
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Historical-Mix8865 4 days ago +5
Not sure what Bandhashand Underscore-Paranthesis has to do about this, but I'm sure he's a f****** crazy b****** with a name like that 
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KhazraShaman 4 days ago +5
Why is it allowed to posts links to paywalled articles? It's spam.
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absat41 4 days ago +1
Will tRump use Yuan to pay Iran?
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Kaffe-Mumriken 4 days ago +1
You gotta give.
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_NuissanceValue_ 4 days ago +1
Copy pasta anyone?
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trbotwuk 4 days ago +1
yuan seems the most likely currency to replace the once all mighty dollar.
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johnryan433 4 days ago
Something tells me America would use tactical nuclear weapons before they let the be the status quo also they threatened chat gpt by bombing its data centers so to screw with America and an AI that advises America is a scary proposition. 😂
0
Ultra_Metal 4 days ago -19
This will all be irrelevant soon when the US takes over the strait and reopens it by force and the regime collapses.
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LaoTzeMachiavelli 4 days ago +4
Which regime collapse? US? Or Iran? Wonder which will go first…
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BendicantMias 4 days ago +2
It's a bot. 20 day old account, hidden profile, no posts, tiny bit of karma from comments, etc etc.
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Ultra_Metal 4 days ago -1
You really think the US is near collapse? Wow. What a ridiculous question. You should learn some history.
-1
speed_69 4 days ago +3
Can't tell if this is sarcasm. I hope you don't actually believe that's going to happen.
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BendicantMias 4 days ago +2
It's a bot. 20 day old account, hidden profile, no posts, tiny bit of karma from comments, etc etc.
2
cosmicrae 4 days ago +2
Also, no verified email in the Trophy Case.
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Ultra_Metal 4 days ago -4
It's not sarcasm. The US already has troops there preparing to invade the strait and the islands near the strait. The US already confirmed that they armed the people of Iran so they can resume their revolution once the bombings stop. It's going to happen. I can't wait to see the tears of far leftists and Islamic extremists when their favorite terrorist regime is gone.
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pVom 4 days ago +1
It would be nice if it happened but I'm not convinced
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BendicantMias 4 days ago +1
It's a bot. 20 day old account, hidden profile, no posts, tiny bit of karma from comments, etc etc.
1
Pikmeir 4 days ago +4
Lol you believe that? He's too weak to do something like that.
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tri170391 4 days ago +5
It'd be more about US will be basically occupying the place a.k.a another Iraq/Afghanistan/Vietnam while getting hit on by insurgencies. They can but it will be draining both politically and financially on the already screwed over by Trump US middle classes. Heck it costs them billions of USD on weapons/materiel spent/loss already and that Trump 1 trillion USD bill is gonna hurt.
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BendicantMias 4 days ago +5
It's a bot. 20 day old account, hidden profile, no posts, tiny bit of karma from comments, etc etc.
5
Ultra_Metal 4 days ago -9
The US won't be occupying all of Iran. Most likely it will only occupy the Strait of Hormuz area. The Iranian people will overthrow the regime and install Reza Pahlavi, who is friendly to the US. Once that happens, the US can remove its troops from the strait.
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tri170391 4 days ago +3
>The Iranian people will overthrow the regime and install Reza Pahlavi, who is friendly to the US. Once that happens, the US can remove its troops from the strait. Yeah look at how it worked with Vietnam, Afghanistan and Iraq lol.
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Ultra_Metal 4 days ago -7
Reza Pahlavi has the overwhelming support of the Iranian people, unlike the leaders of Iraq and Afghanistan. Assuming that those countries are all the same is wrong.
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[deleted] 4 days ago
[deleted]
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Ultra_Metal 4 days ago -2
False. In January, they rose up because he said so. You're spreading lies.
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BendicantMias 4 days ago +2
It's a bot. 20 day old account, hidden profile, no posts, tiny bit of karma from comments, etc etc.
2
Ultra_Metal 4 days ago -3
The US military is by far the strongest in the world. You don't know what you're talking about.
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Pikmeir 4 days ago
LOL you're a bot but for anyone reading this, the military has trapped itself in its confusion due to poor leadership and is being misled.
0
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