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Hormuz traffic has climbed to its highest levels since the early days of the war, as more countries secure apparent safe-passage agreements with Iran. (www.bloomberg.com)
submitted 6 months ago by to c/worldnews@lemmygrad.ml
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[–] 30 points 6 months ago* (last edited 6 months ago) (2 children)

Iran needs money (since the US has sanctioned them to kingdom come) to preserve the value of its currency and its balance of payments, and this is a good way to do so. What did you expect Iran to do? Fight the U.S. without getting any money in return?

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  • [+] -11 points 6 months ago (1 child)

    I expect iran to levy a toll and people who aren't brainless to support it within the context of raising funds for the war but not support it within the context of "iran gets a toll on all shipments through the strait forever, which totally isn't a rent seeking arrangement"

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  • [–] 23 points 6 months ago

    First of all, it's likely to only be a toll on "unfriendly" countries. Secondly, it is a form of reparations for the damage inflicted by sanctions and the war. As long as sanctions continue, tolls are justified.

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