Post

Dustin Moskovitz
@moskov.goodventures.org

I’m very curious how they will set this rate over time. They may need to pay off some countries with part of it, and then that can become a mechanism to allow them to increase it further. They could also charge US ships more.

HarryLime
@hlime03.bsky.social

No, I mean that's literally written into the law they passed setting up the toll. American and Israeli ships are forbidden from passage through the strait by name and by law.

Display Name TBD
@jordanw2382.bsky.social

Honest question I haven't seen reporting on. If theyre tolling then they're letting traffic through. If they were shouldn't crisis be easing? If they're not than tolling is on tiny transit for tiny revenues, right?

yedois
@yedois.bsky.social

this is especially funny when you think about all of the whining from conservatives about Obama “giving” Iran cash lol

Donald
@dwmacleod.bsky.social

And they might choose to enforce it differently in non dollar transactions, in an attempt to weaken the dollar and undermine its status as the world’s reserve currency.

Donald
@dwmacleod.bsky.social

Yeah, I know they're doing it already, it depends how far they push it, and whether they make it ideological and insist on Chinese or other allied currency, or if they start accepting yen and euros for example.

It’s a TBex
@timbeckel.bsky.social

This math is probably overstated. We don't know that they are tolling every ship, every ship isn't a VLCC and at the end of the day ~20m b/d pass through the strait. That's more like $20m/day in revenue if they fully toll oil and allow a full reopening plus whatever they toll on other commodities.

David Dayen
@ddayen.bsky.social

I wasn't basing the math on oil tankers, I was basing it simply on the number of ships passing through the Strait on a daily basis before the war (138). Even if Iran tolled only half the ships going through it would be equivalent to their entire annual budget.

It’s a TBex
@timbeckel.bsky.social

I agree that this could be what's happening, just we're getting mixed reporting if its $2m per vessel (with an implicit assumption that the typical VLCC has ~2m barrel capacity) or $1 per barrel. If its $1 per barrel then we know the typical volume is 20m b/d through the strait.

1961
@1961.bsky.social

Poco me parece 2 millones de dólares por barco, Irán tiene que reconstruir todas las infraestructuras que destruyeron Israel y EEUU, además todavía no aparecieron las armas atómicas, no las había destruido hace 1 mes.

1961
@1961.bsky.social

Trump en 2018 rompió unilateralmente un acuerdo con UE e Irán de no proliferación nuclear, hasta esa fecha tuvieron acceso total los inspectores de la UE a todas sus instalaciones de enriquecimiento de uranio, por su culpa no pudieron entrar más, ahora no se sabe que hicieron o no.