Iran’s New Toll Booth: The Strait of Hormuz Cash Grab

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Return of the toll booth. Again, I remember this as a kid going down at the family, going down to Joycey, whether we were going to Wildwood, New Jersey for a vacation and friends that we had in New Jersey, the perpetual toll booths. You had to pull up to the toll booth and you were like, throw money into this little basket as you went along the turnpike, whatever it may be. And we have on the New York State through way as well. You may have, you the Sopranos, the opening credits of Sopranos, and Tony’s driving, got the tunes playing. He’s driving in the SUV and he’s putting money in the toll booth. Well, we have a return of the toll booth just onto the Jersey Turnpike. Iran is pushing to make billions of dollars from the Strait of Ormuz as they position itself to manage the global artery. It’s severed at the start of the war.

So, maybe some of these people are right about them, kind of running the show now. The Islamic Republic estimates that charging for security, safety, and environmental services.

Secure again, it’s right out of the mafia. Yeah, yeah. yeah. Well, you know, you don’t want that, you don’t want that store of yours busted up. You know, what we’ll we’ll take care of that. You know, I mentioned the Sopranos. You remember that scene where they go into like a like a Starbucks coffee shop and try to shake it down for protection money? And the guy’s like, every bean is accounted for, man. You got you know, everybody’s in Seattle. I I don’t have any power over this, but anyway,

They’re saying it’s going to bring in $40 billion a year in revenue for all of the countries that are involved. They’re going to share the wealth. The regime is looking at models around the world, including the Dardanals, a with Turkey charges ships a tax known as the gold franc for passage to the Aegean Sea through the international waterway. Yeah, this is gonna give hey, Tehran cash flow.

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That they didn’t have before the war. Now, in order to get buy-in, they get a they can include the neighbors there. yeah, wider Middle East and as far as Beijing. Hmm. Wants its Persian Gulf neighbors to be a part of the agreement and share the revenue. Everyone needs to know that management of the strait will never return to the way it was before. This is Iran’s chief negotiator. he was in Oman.

Talking about the arrangements. number of ships crossing the strait reached its highest since the war began, 70 crossings. Anyway, so we got that going for us at this point in time. And I’m I’m waiting. I’m waiting. Can you know, I’m waiting. Explain to me how this is somehow a good thing. Can we get JD Vance on the line here? Explain this one to us. Watchdog on Wall Street dot com.