Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period
Iran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding.
Tehran, claiming a historic victory over the US, said the strait was under its control and a European plan for a naval mission to escort ships though the strait would not be welcome.
The warning came as the Israeli newspaper Yedioth Ahronoth reported that Benjamin Netanyahu, the Israeli prime minister, had said Israel “will maintain the security zone in south Lebanon as long as our security needs require it”, referring to the more than 600 sq km of Lebanese territory occupied by Israeli troops along the border.
Solar panels are cheap and can be recycled.
They use chemicals going through Hormuz.
A PCB precursor is an example.
Lots of things do, but luckily enough solar PCBs are so small and simple that changing their supply chain would add a negligible cost while the transition to solar as a whole will bring in enough savings to offset that and more.
I don’t think it’s that simple, they also need transformers to make AC and those need more PCBs, various electronics also need helium to engrave the wafers, it’s not really that simple.
New helium wells opening up in Tanzania soon.
As a Helium One investor, I’m quite excited for it
We could go down the rabbit hole of each individual component and get into a nitpicky argument, but I’m not interested in doing that.
Instead I’m going to make the claim that solar panels themselves are so cheap now that if the US transitioned most of its power grid to solar it would pay for itself within our lifetime. Independence from petrostates is achievable. It’s a policy choice that it hasn’t happened yet.
I generally agree except the part about independence from petrostates : the US is now a net exporter of fossil fuels with the fracking boom, they’re intervening over Hormuz only for those specific plants making those niche byproducts and because market prices are related to local US prices (and due to Israeli pressure).
About your solar grid argument, another that is, in my opinion, valid this time why the switch hasn’t happened is that when switching grids, all options should be studied. The least polluting option I saw is a mix between solar, wind and nuclear. With as few batteries as possible and load shifting maximization.
Trump: I did that!
And exactly what purpose does this serve? Do you feel good about yourself, posting something so inaccurate? That hand should be purple.
Had me in the first half, not gonna lie.
lololol
Advancing our decoupling from fossil fuels the same way world war II advanced nuclear technology
Dum-dum donnie does it again.
This fucking moron thinks international politics is just like his stupid gameshow or his daddy’s business was. He really does think he’s “great at ‘deals’”, and he probably has never been good at “deals” when running his daddy’s business. The guy fucked up running a casino, FFS.
And the people that voted for him? And the ones that still back him? Jesus fucking christ, are they intolerable idiots.
Try to picture a black Democrat with the same background - daddy’s business, blabbermouth for decades on shows like Stern’s, gets a game show handed to him, goes on to be President, then proceeds to fuck up everything, but minus the racism and misogyny. You think these fucking morons would not be able to see what a complete dumbass that person is?
It’s only because he gives them license to be their worst selves that they continue to not see - or pretend to not see.
three casinos.
All the humans living in and around Iran must be pretty pissed that some guy from the other side of the world came over and fucked things up for everybody.
He’s our guy and we’re pretty pissed here.
Why are they waiting for the 2 months in the agreement, it’s clear US won’t pay the 300 billion nor removing it’s war assets in the region and clearer Israel won’t be leaving Lebanon, they’re letting the US stock up on air for another strangling session when they could of just made them pass out immediately
And why fucking shouldn’t they?
There is the notion of free passage on the seas. Imagine if every country could say “we’re enacting a toll on passage through our waters.” It would make maritime trade much more expensive and dangerous.
International law is whatever countries agree to. There was a notion that primary schools aren’t legitimate missile targets, until, suddenly, they were. This is similar.
Right and both changes make things worse.
Does it? The ‘anything goes on the high seas’ system has led to anarchy and piracy. I don’t know if Iran’s approach is the solution, but there needs to be some regulation.
If Iran can do it, then Turkey can as well
Turkey has charged fees for passage through the Bosphorus and the Dardanelles for a long time as far as I know. They just raised it by 15% like three days ago.
And the UK. English Channel is one of the busiest shipping lanes in the world.
If the Iranians who just surrendered can rake in billions in transit fees then so can we.
Except you won’t rake in billions. It’s Brexit all over again: whatever you gain with putting tariffs on shipping and shouting how powerful and important and independent you are, you’ll lose manyfold in general trade benefits… Everyone loses, and EU freight will find another way, rail to Genova and sail through Gibraltar or Suez, for example.
It’s a joke mate
Until some elected twat does it innit
Doubtful. More than likely the EU just pays or they go to war and occupy Britain. Billions either way.
And if Iran can do it and Britain could do it, then Spain can do it.
If rail could replace shipping, it’d have already done so. In Mexico they’ve proposed a rail line to bypass the Panama Canal and it’d do just a fraction of the Canal’s volume.
You don’t own the channel, mate. UK gets a strip, france gets a strip, and the middle is international friggin waters
But it would be funny to watch you try
Its a fucking joke.
Jesus.
“I made a blank statement that was absolutely identical to those made in earnest by nutbag nationalists why did no one see i was joking???”
Remember your sarcasm and joke tags, kids
Should have been obvious
Exactly. Or imagine if Indonesia and Malaysia go to warn over Malacca
That free passage through territorial waters can be denied by a country if necessary for its own security.
And that is exactly what Iran is doing. Closing the Strait was the only way to stop the US bombing them.I’d like to imagine that MAGA didn’t elect King Dingleberry to be the fucker upper of all things but my imagefuckenator quit working on me!
This is more important than politics.
This is LOGISTICS
I’m quite sure that Russia cheered on Donvict because they were quite sure he’d be a wrecking ball to everything American.
Sure he’s enriching himself and his shitty family and those around him all the way. But everything else in America is getting destroyed by this total asshole.
I’m sure Vlad has a good laugh about it every fucking day.
is there no tolls to go through suez or panama?
There is for the Panama Canal for sure. To be fair, it isn’t free to operate it, but at the same time there is a reason countries want to control waterways and it isn’t as an act of charity.
The most expensive regular toll for canal passage to date was charged in April 2010, to the cruise ship Norwegian Pearl, which paid US$375,600.[127][128] The average toll is around US$54,000. The highest fee for priority passage charged through the Transit Slot Auction System was US$220,300, paid in August 2006, by the Panamax tanker Erikoussa,[129] bypassing a 90-ship queue waiting for the end of maintenance work on the Gatun Locks, and avoiding a seven-day delay. The normal fee would have been US$13,430.[130]
The lowest toll ever paid was 36 cents, equivalent to $6.75 in 2025, by American Richard Halliburton who swam the Panama Canal in 1928.[131]
Lmao, they actually tolled him for swimming the canal? Incredible
Ass, grass, or wooden nickels, no one swims for free
Great example of inflation
That is different because they’re not natural waterways. If you’re saying any country can say “these waters are mine pay a toll” it’s basically back to privateers.
Saudi Arabia should build a pipeline similar to the Alaska Pipeline that lets them transport oil from the Persian Gulf to the Red Sea. There’s already the Sumed pipeline that gets around the physical size limitations of the Suez Canal. A cross-Saudi one would completely neuter this power grab by Iran…
Yeah this stranglehold they have on the entire world has got to stop.
This “stranglehold” only happened because of the US and Israel. Iran’s actions seem pretty sensible considering how we got to where we are today.
The warning came as the Israeli newspaper Yedioth Ahronoth reported that Benjamin Netanyahu, the Israeli prime minister, had said Israel “will maintain the security zone in south Lebanon as long as our security needs require it”
Got to wonder if there’s some 5D chess going on here. “Hey, Trump, the treaty said you and your allies had to withdraw from Lebanon.” “Yeah, well, we’re ditching Israel as allies then. So there.”
Thank god. I was worried the price of oil would go down without a reasonable carbon tax
Happy to pay
