One Liberia-flagged, two China-flagged vessels, should I wonder about this current development?
44
planetarybumApr 12, 2026
+16
I guess their negotiations were more successful?
16
Cliff-BungalowApr 12, 2026
+16
I wonder who the Chinese version of JD Vance is, and if he wears a similar amount of eye makeup.
16
RowingFan76Apr 12, 2026
+8
china does have a plenty of Vance equivalent but (un)fortunately without eyeliner
8
pishposhpoppycockApr 12, 2026
+4
But do they love couches as much???
4
I_Roll_ChicagoApr 12, 2026
+16
Chinese ships have been going through the strait the whole time. The Liberian ship might have paid the toll.
But 3 ships is still like 2% of normal traffic, so this is nothing
16
OmegatherionApr 12, 2026
+3
That's more due to the fact, that ships are mostly registered where it is cheapest. Thats why you See so many ships under the flag of Liberia, Panama or the Marshall Islands
3
avatar__of__chaosApr 12, 2026
+3
They trade weapons
3
cogit2Apr 12, 2026
+4
Nah, this is as much optics as anything else. Three ships won't dent the supply issue. My guess: Iran wants some quick media on what is getting through the Hormuz to remind the world the US failed to get an agreement and it remains in charge of which ships transit. Now it will gate everything but ships from its allied countries and demonstrate to the world the US achieved nothing today.
4
PoppingPilllsApr 12, 2026
+2
No, chinese vessels are allowed through.
2
Stand_Up_3813Apr 12, 2026
+2
Maybe. The oil came from Saudi Arabia and the UAE, per the article.
2
GoneSilentApr 12, 2026
+11
193 more to go.
11
AgUnityDDApr 12, 2026
+7
Even if they open it long enough and all get out, the next problem is convincing ship owners and insurers to go back in when they could just get stuck there again.
7
Possible_Pop_8033Apr 12, 2026
+8
Just grasping at straws here to try and get some positive news? The f*** are three tankers going to do?
8
Furious_FredApr 12, 2026
+4
I think the 3 tankers are bound to unload cargo.
Except if the bow falls off, which is highly unlikely. Some say one in a million.
/S
4
p3t3y5Apr 12, 2026
+3
They should design them so the bow doesn't fall off!
3
Eclipzed17Apr 12, 2026
+3
Well what was wrong with this one?
3
Furious_FredApr 12, 2026
+4
I heard cardboard and cardboard derivates are off for hull material.
4
jalexgray4Apr 12, 2026
+2
What about cellotape?
2
leisurechefApr 12, 2026
+2
Did they skip the toll?
2
_x_oOo_x_Apr 12, 2026
+13
They paid it in Manpads
13
leisurechefApr 12, 2026
+5
I’m scared to ask
5
_x_oOo_x_Apr 12, 2026
+5
It's safe to google i promise
5
AK_PandaApr 12, 2026
+9
MANPADS are Man-Portable Air Defence Systems lol
9
leisurechefApr 12, 2026
+5
I assumed it was something Jeffery Epstein’s best friend wears
5
p3t3y5Apr 12, 2026
+1
My initial thoughts was that it was some sort of pant saver....as an elderly gent, I was scarily interested!
1
leisurechefApr 12, 2026
+1
Jeffery Epstein’s mate was all up in it
1
RothkoPollockApr 12, 2026
+3
Ha. Funny and (probably) accurate
3
SY0123Apr 12, 2026
+1
HormuzCoin
1
Shot-Welcome-2822Apr 12, 2026
+2
Getting out while they can, shits bout to go down
2
Fli_foApr 12, 2026
+3
They can go in and out. Iran needs China.
3
PoppingPilllsApr 12, 2026
+4
Iran literally has said since like week two that all non US aligned ships can cross.
4
helpmehomeownerApr 12, 2026
+1
Sir this us Listnook, these children were part of "no child left behind".
1
314159ManApr 12, 2026
+1
as bad as things are with few ships coming out, is anyone, apart from china, going to risk sending more ships back in to fill up? anything could happen at any moment. seems like a huge risk.
1
clamorous_owleApr 12, 2026
+1
Is the cost of tolls being added to the oil price?
1
AK_PandaApr 12, 2026
+8
I doubt it adds much in practice. Looking around the estimate for oil capacity of tankers is ~1 million barrels. So a 2 million dollar toll is ~$2 per barrel of oil.
Given a barrel of oil is currently ~$100 and almost certainly about to climb again, it's probably not gonna change much.
Certainly not enough of an impact for it to be worth leaving tankers sitting around doing nothing instead of paying it and moving through.
8
windingsandApr 12, 2026
+5
Companies will tell you they have to raise their prices due to the current state of the world, even if the effect is negligible. They also won’t come down no matter the outcome. Infinite growth per quarter is ruining the world and we are being squeezed. Rant over
5
AK_PandaApr 12, 2026
+1
The prices right now *are* going to skyrocket because the strait has been closed to 6 weeks with no end in sight. We don't even need to worry about what happens after it reopens right now, because the inevitable consequences of this closure are going to be damning.
There's a ton of structural problems with modern capitalism, but none of that matters when a shock this magnitude hits. The political turmoil and real shortages may well mean the economic systems currently in place dont survive.
1
PoppingPilllsApr 12, 2026
+2
It's roughly $1 per barrel that's an average obviously maybe it's 80c or $2 per barrel but it's negligible.
2
WholeEgg3182Apr 12, 2026
+1
The oil price is based on an open market, it's purely supply and demand. So not directly, no. But the instability that the whole situation creates will hamper the supply aspect which will in turn drive up prices.
1
cosmicraeApr 12, 2026
+1
It's functionally irrelevant. The mere fact that a toll is being charged, is political, and gives certain parties excuses they might not otherwise have.
41 Comments