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Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

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Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#11

Post by arvid-lind »

Geeek wrote: post #3
OutOfHere wrote: post #2

Firstly, Iran has no authority to collect toll in international waters. Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory. Secondly, Iran definitely is blocking ships of countries that it considers hostile to Iran, with no choice of a toll for them. Thirdly, Iran is funding terrorists in Yemen, Iraq, and…

I mean, looking at recent international events, they have all the authority to do it and we have all the authority to stop them. Apparently international rules and norms are made up.

> Apparently international rules and norms are made up

slowly, over time, after we see abuses and hostility that require them. I guess eventually enough people get complacent and comfortable with the sense of order, opening an opportunity for the powerful to create chaos and profit from the disruption.

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#12

Post by wak90 »

icegreentea2 wrote: post #5

There's other news floating around from Citrini saying similar things - the actual substack post (behind a paywall https://www.citriniresearch.com/p/strait-of-hormuz-a-citrini... ), and some news coverage - https://www.cnbc.com/2026/04/06/wall-street-firm-sends-analy... Being able to put up toll booths on the Strait is another knife to the body of international law and the good old rules based order.

What rules based "order" lol

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#13

Post by realpolitik9 »

Snoozus wrote: post #10

Is this a human writing in the style of LLMs? The exemption is diplomatic, not commercial. The Yuan Dimension I hate it.

Fair cop on the headers, I write these at 2am and it shows. But on the diplomatic/commercial thing. Iran charges ~$1/barrel in yuan through Kunlun Bank. That's real money through real channels. And the access list keeps expanding, started with 5 countries in March and now it's 10+. If this were purely diplomatic the list would be stable, but it's growing like a customer base. You could argue the fee follows the politics and not the other way around but then why yuan specifically, and why route it through Kunlun Bank with a per-barrel rate structure. Every transit builds volume through yuan settlement channels that bypass dollar clearing. The Danish Sound Dues ran for 400 years on the same logic, different rates for different nations depending on who Denmark was allied with. None of this is new, it's just never been done at 20% of global oil supply before

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#14

Post by Markoff »

wak90 wrote: post #12
icegreentea2 wrote: post #5

There's other news floating around from Citrini saying similar things - the actual substack post (behind a paywall https://www.citriniresearch.com/p/strait-of-hormuz-a-citrini... ), and some news coverage - https://www.cnbc.com/2026/04/06/wall-street-firm-sends-analy... Being able to put up toll booths on the Strait is another knife to the body of international law and the good old rules based order.

What rules based "order" lol

Rules for everyone except Epstein coalition I guess.

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#15

Post by icegreentea2 »

realpolitik9 wrote: post #13
Snoozus wrote: post #10

Is this a human writing in the style of LLMs? The exemption is diplomatic, not commercial. The Yuan Dimension I hate it.

Fair cop on the headers, I write these at 2am and it shows. But on the diplomatic/commercial thing. Iran charges ~$1/barrel in yuan through Kunlun Bank. That's real money through real channels. And the access list keeps expanding, started with 5 countries in March and now it's 10+. If this were purely diplomatic the list would be stable, but it's growing like a customer base. You could argue the fee follows the polit…

I don't think its meaningful to talk about commercial/diplomat as such clear categories at this level.

Bypassing dollar clearing is only really a commercial concern because it is a political/diplomatic concern.

Diplomacy is the act of non-violent interactions between countries. Commerce is (generally...) a non-violent form of interaction between countries. High level diplomatic actions enable commerce (of various forms and levels), while commerce creates incentives for diplomacy, and creates the strength for a party to perform diplomacy.

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#16

Post by orwin »

OutOfHere wrote: post #2

Firstly, Iran has no authority to collect toll in international waters. Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory. Secondly, Iran definitely is blocking ships of countries that it considers hostile to Iran, with no choice of a toll for them. Thirdly, Iran is funding terrorists in Yemen, Iraq, and…

> Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory.

I can very well imagine a country institute a blockade around another to manufacture a local economic crisis. Honestly I would rather have the US put a toll on vessels than shooting indiscriminately, or completely blockading Cuba.

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#17

Post by chneu »

OutOfHere wrote: post #2

Firstly, Iran has no authority to collect toll in international waters. Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory. Secondly, Iran definitely is blocking ships of countries that it considers hostile to Iran, with no choice of a toll for them. Thirdly, Iran is funding terrorists in Yemen, Iraq, and…

Let's stop using the word terrorist because it's completely meaningless. Right now, the US and Israel are the terrorists. You realize the US and Israel are committing war crimes every hour right now by bombing schools and infrastructure, right? Trump is literally bragging while having tantrums on truth social about how he's committing war crimes.

Iran has every right to protect themselves and achieve nuclear power for energy independence. The US and Israel just want to destabilize the region for oil. Did we already forget trump has publicly said this about Venezuela and Iran? There are no WMDs this time, Trump has publicly said this is to overthrow Iran and install more friendly leadership, LITERAL TERRORISM STUFF.

You're defending the US/Israel who have publicly bragged about destabilizing nations and taking land that doesn't belong to them while bragging about the oil they're taking. Israel just got done genocide gaza and knows it has the US'$ backing to continue eradicating their enemies. And again, they HAVE SAID THIS. You have to be an absolute fool or a horrible person to still support the US/Israel's military actions right now. Iran didn't start this, whatsoever.

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#18

Post by readthenotes1 »

icegreentea2 wrote: post #15
realpolitik9 wrote: post #13

Earlier quoted context omitted.

Fair cop on the headers, I write these at 2am and it shows. But on the diplomatic/commercial thing. Iran charges ~$1/barrel in yuan through Kunlun Bank. That's real money through real channels. And the access list keeps expanding, started with 5 countries in March and now it's 10+. If this were purely diplomatic the list would be stable, but it's growing like a customer base. You could argue the fee follows the polit…

I don't think its meaningful to talk about commercial/diplomat as such clear categories at this level. Bypassing dollar clearing is only really a commercial concern because it is a political/diplomatic concern. Diplomacy is the act of non-violent interactions between countries. Commerce is (generally...) a non-violent form of interaction between countries. High level diplomatic actions enable commerce (of various for…

Most US diplomacy historically (including the "by other means") seems driven by commercial interests. Nothing special there though

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#19

Post by OutOfHere »

chneu wrote: post #17
OutOfHere wrote: post #2

Firstly, Iran has no authority to collect toll in international waters. Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory. Secondly, Iran definitely is blocking ships of countries that it considers hostile to Iran, with no choice of a toll for them. Thirdly, Iran is funding terrorists in Yemen, Iraq, and…

Let's stop using the word terrorist because it's completely meaningless. Right now, the US and Israel are the terrorists. You realize the US and Israel are committing war crimes every hour right now by bombing schools and infrastructure, right? Trump is literally bragging while having tantrums on truth social about how he's committing war crimes. Iran has every right to protect themselves and achieve nuclear power fo…

[flagged]

Re: Iran Is Not Blocking the Strait of Hormuz. It's Running a Toll Booth

#20

Post by Gud »

realpolitik9 wrote: post #13
Snoozus wrote: post #10

Is this a human writing in the style of LLMs? The exemption is diplomatic, not commercial. The Yuan Dimension I hate it.

Fair cop on the headers, I write these at 2am and it shows. But on the diplomatic/commercial thing. Iran charges ~$1/barrel in yuan through Kunlun Bank. That's real money through real channels. And the access list keeps expanding, started with 5 countries in March and now it's 10+. If this were purely diplomatic the list would be stable, but it's growing like a customer base. You could argue the fee follows the polit…

1$/barrel “in yuan”, please just write in yuan. In a decade or two the yuan will be the world currency anyway, might as well get used to it.

It is interesting times, as the Chinese proverb goes.

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