Corkyskog@sh.itjust.works to News@lemmy.world · 2 months agoIran begins mining Strait of Hormuz as Washington's tanker escort claim collapses - Türkiye Todaywww.turkiyetoday.comexternal-linkmessage-square157linkfedilinkarrow-up1593
arrow-up1593external-linkIran begins mining Strait of Hormuz as Washington's tanker escort claim collapses - Türkiye Todaywww.turkiyetoday.comCorkyskog@sh.itjust.works to News@lemmy.world · 2 months agomessage-square157linkfedilink
minus-squareGhostalmedia@lemmy.worldlinkfedilinkEnglisharrow-up2·2 months agoOf course. The US government would have to insure it. No private company is touching that with a 10 foot pole.
minus-squareCorkyskog@sh.itjust.worksOPlinkfedilinkarrow-up12·2 months agoNo company is going to trust insurance from this administration though. That’s the problem with having a Trump who famously never pays his debts.
minus-squareGhostalmedia@lemmy.worldlinkfedilinkEnglisharrow-up11·2 months agoWhich is why I said insurance in escrow. Trump is famous for stiffing people. I’d want that money paid upfront and held in escrow by an independent financial firm in a neutral nation. If a ship gets hit, escrow pays out for the oil, the ship, and the loss of future earnings. If the ships never sink, the money goes back to the US.
minus-squareCommanderCloon@lemmy.mllinkfedilinkarrow-up2·2 months agoWhich couldn’t happen since the gvt is scrambling to get the money to prepare for tariff refunds
Of course. The US government would have to insure it. No private company is touching that with a 10 foot pole.
No company is going to trust insurance from this administration though. That’s the problem with having a Trump who famously never pays his debts.
Which is why I said insurance in escrow.
Trump is famous for stiffing people. I’d want that money paid upfront and held in escrow by an independent financial firm in a neutral nation.
If a ship gets hit, escrow pays out for the oil, the ship, and the loss of future earnings. If the ships never sink, the money goes back to the US.
Which couldn’t happen since the gvt is scrambling to get the money to prepare for tariff refunds