this post was submitted on 12 Apr 2026
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It wasn't really a huge toll. It was 1 dollar a barrel, a ship carrying a million barells worth 100 million dollars of oil would pay 1 million. That is a 1% tax which isn't that big unless you are an oil company that is used to paying nothing or getting a subsidy.
I'm waiting for Iran to let through European bound vessels for free to set Trump up to order strikes on Spanish or British ships.
Start up a whole new front where NATO kicks the USA out and blockades the USA from international trade.
Isnt the strait like open seas and not anyone's territorial waters? If so, I dont see taxing vessels legal, no matter how small the fee is.
I've worked for a publicly listed company, and we've been doing savings for mere $10k's. I think while compared to the oil carried the fee would be small, you could employ 20 people for a year for that sum. And that's a one way fee for one vessel
Employing 20 people for 1 million dollars a year is pretty criminal, that's like 5000 each...
I think you missed a zero.
I guess I did, that's embarassing