Thanks.
But, despite the fact that an extra $1 per barrel of oil might not seem like a heavy toll overall, I’m guessing that the companies that control the tankers don’t make much per barrel as a fee for transporting the oil, so I imagine that a $2M toll is a pretty dire financial hardship for the shipping companies that will have to bear it.
I guess they would add it to their bill and pass it to their customers and so on until it gets paid by Johnny Q. Public at the pump.
(Unless Johnny gets smart and starts using electric cars)
Yep. One way or another, we (the world, not just the American public) will all be paying for the malice and incompetence of trump, probably long after he’s gone.
Yes, my hope at the moment is that he gets distracted by the next shiny before he decides that no, he really does need to “destroy their civilization”.
Wonder if he got that one from last having spoken with Miller or with Hegseth before getting on the app. Too many syllables to be his own.
Yeah, it does sound like him quoting somebody else.
Schumann. He was affectionately know as “old Shoe”.
Isn’t there a song about a “Good Ol’ Shoe”?
Recorded by Johnny Dean*, on 78 rpm.
*A mysterious singer. Not much was known about him. He looked a lot like Willie Nelson.
A brutal assessment of Trump’s “resounding victory” in getting a cease-fire…from the National Review.
Their columnist’s take on the Iranian demands which Trump says are a good basis for negotiation:
Here’s Trump posting about a plan where Iran and the U.S. would charge tolls for ships transiting the Strait of Hormuz:
Beautiful for maintaining artificially elevated oil prices, damaging economies long-term and causing prolonged high gas prices in the U.S. Maybe there’s a campaign issue here for the midterms and beyond…
I wonder how he plans to enforce it? will tankers be boarded by the U.S. navy if they don’t pay the toll? fired upon?.
Will the necessary naval presence cost more than what’s extorted from the passing ships?
It sounds thoroughly trumpian in it’s half-assed-ness
Like the wall along the Mexican border, it will simply never be.
We’ll just build a wall across the strait.
Have the Iranians do the work then demand a cut?
And if they don’t go back to “civilization end” threats, sounds right.
Trump needs to read the fine print, Iran gets the 2mil per ship. Oooops.
This fiasco is giving Iran 2 million dollars a ship. That will help build up their navy to enforce it.
That’d be my guess. It’s all profit to him at that point, and Iran would probably jump at this opportunity. They get paid, they establish the principle that they can control the strait in perpetuity, and they’re allowed to keep military forces on active duty to enforce the tolls, forces which would be far better trained and more experienced if and when hostilities break out again. So much winning!
And Trump will accept all of that, because he’ll be making cash off the deal.
Iran needs no navy to enforce it, just fire a cheap drone to any non-approved vessel and you are done.
The National Review represents the tired, RINO views of old-school William F. Buckley Jr. conservatives. It doesn’t understand the MAGA genius strategy of attack, threaten, bluster, then settle for much worse than what you had before.
And pretend it’s better, don’t forget that key part of their genius strategery