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Started By
Message
Who will pay for the tolls on the Strait of Hormuz?
Posted on 7/2/26 at 12:00 pm
Posted on 7/2/26 at 12:00 pm
Exiting ships carrying oil product will have an added cost that because its a commodity cannot be passed on to end users because they will simply switch to other cheaper suppliers. So in gulf discounts will have to occur to deal with the toll costs. Its a local issue.
Entering ships will buy their goods on the world market with or without tolls. But the entering tolls will have to be passed on to consumers in Iran, Oman, Saudi, Kuwait etc. It's a local issue.
Tolls should not be a hill for the rest of the world to die on. It's really a Gulf Cooperation Council issue to manage.
Unless Judge Boasberg issues an injunction
11
Posted on 7/2/26 at 12:01 pm to Trevaylin
US taxpayers of course.
Posted on 7/2/26 at 12:02 pm to Trevaylin
Can someone explain how Iran pull even ALMOST collect and control? I thought there were underwater mines that couldn't be found.
But now, for a small fee, you can sail right thru with no danger of mines, and no navy to enforce?
Whoever believes this is an absolute moron at the levels of believing in covid vaccines
But now, for a small fee, you can sail right thru with no danger of mines, and no navy to enforce?
Whoever believes this is an absolute moron at the levels of believing in covid vaccines
Posted on 7/2/26 at 12:03 pm to Trevaylin
Trump has said repeatedly Iran and Oman will not be allowed to charge tolls.
Posted on 7/2/26 at 12:05 pm to Trevaylin
quote:
Who will pay for the tolls on the Strait of Hormuz?
Mexico
Posted on 7/2/26 at 12:06 pm to Trevaylin
quote:
Who will pay for the tolls on the Strait of Hormuz?
The same people who paid for Trump's wall. The Mexicans, of course. Right?
Posted on 7/2/26 at 12:06 pm to MoarKilometers
quote:
Mexico
Dang it
Posted on 7/2/26 at 12:09 pm to Trevaylin
Posted on 7/2/26 at 12:12 pm to bigjoe1
quote:
Trump has said repeatedly Iran and Oman will not be allowed to charge tolls.
He has also repeatedly said this problem was resolved, and he was going to destroy their civilization. Imagine believing any of it
Posted on 7/2/26 at 12:17 pm to VFL67
quote:
Imagine believing any of it
The Straight is open
Peace in the Middle East
Iran is begging for a deal
Bridges and Power Plants
Lower gas prices
No new wars
Not only did some people think all that was gonna be true. Some people still cling to the fantasy that it is true. We're not supposed to believe our lying eyes
Posted on 7/2/26 at 12:19 pm to Trevaylin
quote:
Exiting ships carrying oil product will have an added cost that because its a commodity cannot be passed on to end users because they will simply switch to other cheaper suppliers.
Not necessarily.
First of all, cheaper suppliers are ostensibly already maxed out on the amount of oil they can supply.
Secondly, IMO it's a lot more likely that the tolls will raise prices for the oil that goes through the Strait and the cheaper suppliers will use that as an opportunity to raise their prices and make more money than the scenario you described.
Just like people refuse to understand here when it comes to tariffs.
When you have an industry with relatively few competitors who all keep tabs on their competition, like the auto industry, for example, and tariffs cause prices to go up for some products, the competitors will also raise prices even though they don't have artificial outside costs forcing them to do so. It's just a chance for them to make more money.
And I don't know of any industry better at colluding over price than the oil industry.
Posted on 7/2/26 at 12:28 pm to Trevaylin
It’s not a toll according to Iran.
It’s an “environmental tax” so Trump can sell it that way too.
It’s an “environmental tax” so Trump can sell it that way too.
Posted on 7/2/26 at 12:29 pm to Trevaylin
quote:
Its a local issue.
No, it isn't.
Posted on 7/2/26 at 12:34 pm to Trevaylin
Asia India Japan Africa Pakistan
Posted on 7/2/26 at 1:43 pm to Trevaylin
quote:
Who will pay for the tolls on the Strait of Hormuz?
I put it to you Trev ...
Who will cry for the little corndog?
This post was edited on 7/2/26 at 1:43 pm
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