Because his Iran adventure was stupid. Turns out keeping Middle East oil flowing was the most important thing for the US (and for the rest of us) and the Iranians can switch it off, and don't ca… (View Post)

Iran was planning to charge $2 per barrel as I recall, so I suppose 3% or so. Difference is they will likely actually charge this if oil starts flowing through Hormuz again. Also I think shippers wou… (View Post)

None of it because it's not going to happen. The reasons why Trump caved on the MoU are still there. (View Post)

Donald Trump says he will charge a 20% toll on ships passing through Hormuz, a strait he most noticeably doesn't control. As a negotiating strategy it's actually weaker than Blazing Saddles… (View Post)

The ratio of doom, French presidential election Le Pen 52% Philippe 48% https://bsky.app/profile/europeelects.bsky.social/post/3mqj7vp6o6w2p (View Post)