Live data from Hacker News

Trump says the US controls the Strait of Hormuz and should get paid for it

reuters.com

11–20 of 26 posts

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#11
post #3
post #2

This will go down GREAT... Gulf oil will have to handle a 20% tariff vs. the rest of the world to get to market. Fertilizer, etc, anything made in the Gulf will be hit with this tariff independent of any trade agreement that might be in place with the US. Great, great way to encourage production from other regions of the world and with substitute products. Although to be honest, oil companies will just charge everybo…

That'll work until Iran starts sinking ships trusting Trump's word for them "controlling" Hormuz. Which should be more or less the first time a ship tries to cross without an Iranian blessing. In the end, they'll pay extortion fees to two parties. BTW, what will the US do? Sink oil carriers? Board them and take them by force regardless of their flag?

The US has already killed a few Indian sailors, I am not sure they would blink at causing an oil slick.

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#12
post #7
post #4

I'm getting the popcorn ready. This will be interesting.

I hope you're popping that corn over a camp fire.

Curious if this is a grid down innuendo.. And more so, curious of your more direct insight on the probability of such... if I am going in the right direction.

I've been building a strong case to be concerned on this topic. I am in Florida, which is as far as I know, a power island with no adjacent state agreements for grid resilience. And I think we know the CIA's perspective on this, which is grim, and severe. There's the component vulnerability, the supply chain with its delays and such, and now, a geopolitical scenario kind of making bad things a bit more plausible.

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#13
post #3
post #2

This will go down GREAT... Gulf oil will have to handle a 20% tariff vs. the rest of the world to get to market. Fertilizer, etc, anything made in the Gulf will be hit with this tariff independent of any trade agreement that might be in place with the US. Great, great way to encourage production from other regions of the world and with substitute products. Although to be honest, oil companies will just charge everybo…

That'll work until Iran starts sinking ships trusting Trump's word for them "controlling" Hormuz. Which should be more or less the first time a ship tries to cross without an Iranian blessing. In the end, they'll pay extortion fees to two parties. BTW, what will the US do? Sink oil carriers? Board them and take them by force regardless of their flag?

The Golden Age of Piracy lasted between 1650s and the 1730s, and it involved most of the oceans and most ocean trading nations.

Board or sink anyone who don't surrender to the extortion. Flags only work if nations respect them, and nations that are willing to pirate ships is very unlikely to respect flags.

The Hormuz strait is now basically the same as coast of Somalia, except that now the pirates has missiles, rockets and torpedoes.

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#14
post #12
post #7

Earlier quoted context omitted.

I hope you're popping that corn over a camp fire.

Curious if this is a grid down innuendo.. And more so, curious of your more direct insight on the probability of such... if I am going in the right direction. I've been building a strong case to be concerned on this topic. I am in Florida, which is as far as I know, a power island with no adjacent state agreements for grid resilience. And I think we know the CIA's perspective on this, which is grim, and severe. There…

The US grid (even in Florida) doesn't depend on oil that went through Hormuz, does it?

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#15

This looks like seeing the Iranian demands to be paid for transit, and saying "Nice business model; let's steal it". But there's a larger point here. Iran has been using the ability to close the Strait as leverage. "We can deny the transit of oil, so you have to not trample on our interests." Well, the US also has the capability to close the Strait, and therefore the same leverage - including that leverage over Irani…

In case you didn't know, the US had already been blockading the Iranian Gulf before the "deal" (surrender) that lifted sanctions on Iran.

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#16

This looks like seeing the Iranian demands to be paid for transit, and saying "Nice business model; let's steal it". But there's a larger point here. Iran has been using the ability to close the Strait as leverage. "We can deny the transit of oil, so you have to not trample on our interests." Well, the US also has the capability to close the Strait, and therefore the same leverage - including that leverage over Irani…

[deleted]

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#18
Denying traffic is easy. Ensuring safe passage is harder. Especially because maritime insurers have the last say. Every vessel stuck in the gulf continues to pay premiums. Every vessel that risks the transit has the potential of being struck by a missile. What does the insurer choose?

“Control” is ambiguous.

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#19
post #12

Earlier quoted context omitted.

Curious if this is a grid down innuendo.. And more so, curious of your more direct insight on the probability of such... if I am going in the right direction. I've been building a strong case to be concerned on this topic. I am in Florida, which is as far as I know, a power island with no adjacent state agreements for grid resilience. And I think we know the CIA's perspective on this, which is grim, and severe. There…

The US grid (even in Florida) doesn't depend on oil that went through Hormuz, does it?

It depends on an extensive network of foreign-made components, with very little security or resilience built in, and transformer wait-times exceeding two years. If anything, the straight issues and Iran situation only add more stress where the opposite was needed. The scale of infrastructure damage in Iran could, conceivably, motivate retaliation here.

And then we have n amount of CVEs in the wild with yet to be discovered exploits on SCADA, ICS systems and much more. I was actually in Pinellas during the water facility hack of 2021. Maybe not a terrific example, but if you truly think we're locked down and secure, by all means, share the confidence, as I could use it. The U.S. grid depends on long‑lead, foreign-sourced critical components and has documented ICS/SCADA vulnerabilities; resilience is not as strong as typically assumed.

Otherwise, I guess I fail to catch your point. I'm wrong, is it?

I suppose, considering you are not the one I asked, yet imposed a veiled answer, indicates an unconditional on the above, nu?

Re: Trump says the US controls the Strait of Hormuz and should get paid for it

#20

    "The U.S.A... will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to  this very volatile section of the World," he said.
Wasn't Iran only considering 1 or 2% (less than 5%) as the toll ...? Iran, right now, has a slight advantage over the Trump and Netanyahu administration as both are under pressure from their electorate, due to the looming elections. However, that also means both have very little diplomatic room as any concession they make to Iran will be showcased as "weakness" by their domestic opposition (whether it is or isn't). Which is exactly what happened when the "ceasefire" was signed, causing Trump to up his rhetoric.

Due to the huge trust deficit between the American and Iranian leaders, best course for Iran maybe to hold of all diplomatic engagements till the elections, even if that means they will have to bear the brunt of the American military for a few months more. It's a very risky approach as military escalation is very much possible (Trump has already managed to get NATO members approval for this current escalation) and they will also have to watch out for the Trump administration trying to revive the Abraham Accords and try and normalise relations between the Saudis and the Israelis (that seems to one of the options Trump and Netanyahu are considering as a way to politically salvage something from this middle-eastern mess they created - https://www.axios.com/2026/05/24/trump-iran-war-israel-musli... ).

Post reply on HN