Earlier quoted context omitted.
The money thing is true. But China and Russia will extend support. Iran is collecting about 2 million USD from each vessel through the strait. And they are about 50 passing through them each day. That's 100 million USD per day. Or about 30 odd Bullion USD per year. Plenty of money to spend on war and some more. Not to mention the money it earns from selling it's oil and blocking GCC oil.
> Iran is collecting about 2 million USD from each vessel through the strait. No they aren’t. They’re collecting ¥14M. Maybe nitpicking, but I believe this is the most important change to come out of Israel’s and USA’s war against Iran. The petrodollar is dead, and this will have severe long term consequences for the USA.
Once boomers rotate out of power and people who still have plastic brains take over, the rotation away from oil will speed up dramatically. Right now it's looking like $5/gal is a surety, and we might even see $6.
All the people paying $80 to fill up their eco car are going to be wondering if not being able to drive 7 hours once a year without stopping for a 30 minute charge is really worth it for sticking with gas.