Upon the signing of this M.O.U., the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman, and vice versa. The traffic of commercial vessels will immediately start, and considering the need for removing the technical and military obstacles and demining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
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Literally saying Iran can charge tolls for any traffic thru the strait…
That’s a fucking huge amount of economic power, and everyone has to pay whatever they demand
It’s also a potential catalyst for more countries imposing tolls on the straits they control, the way they used to do in the past. If that ever happens it’d put a huge strain on global commerce.
The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
That part just means they have to talk about it…
Like if I walked up to you and said I wanted your house. You 100% can say no, but we just had a dialogue about it
Mr. Trump has said the passageway must be “permanently toll-free.” But Iran has said it plans to charge “fees” in exchange for unspecified “services” it provides there.
So definitely not a toll some other fee for providing some unspecified service…lol
“We’ve filled the strait with a hundred thousands autonomous smart drones programmed to blow up any vessel they see. However, we’ll rent you this encrypted transponder that will keep the drones away. We’re not charging a toll. We’re just offering our anti-drone services for a reasonable fee. We won’t force you to pay it, you’re perfectly free to try your luck in the Strait.”
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Literally saying Iran can charge tolls for any traffic thru the strait…
That’s a fucking huge amount of economic power, and everyone has to pay whatever they demand
It’s also a potential catalyst for more countries imposing tolls on the straits they control, the way they used to do in the past. If that ever happens it’d put a huge strain on global commerce.
International law doesn’t allow taking tolls on natural waterways that are international trade routes I’m pretty sure.
That part just means they have to talk about it…
Like if I walked up to you and said I wanted your house. You 100% can say no, but we just had a dialogue about it
That meets the obligation
NYT reporting this
So definitely not a toll some other fee for providing some unspecified service…lol
“Protection”. Because you’ve got such a nice ship and it would be a real shame if anything were to happen to it…
“We’ve filled the strait with a hundred thousands autonomous smart drones programmed to blow up any vessel they see. However, we’ll rent you this encrypted transponder that will keep the drones away. We’re not charging a toll. We’re just offering our anti-drone services for a reasonable fee. We won’t force you to pay it, you’re perfectly free to try your luck in the Strait.”
I can imagine the invoice.
Item Service Fee 1 Unspecified US$1,000,000Possibly an ‘I won’t bloat up your dumb boat’ fee.
Possibly some form of insurance. “Be a real shame if someone were to lob a drone at your big, slow, expensive oil tanker…”
It’s one they have to exercise judiciously. Too high a toll and you just encourage the building of pipelines to get the oil out by land.