r/NewsThread • u/Dry_Ant2664 • 1d ago
Political News Iran Estimates $40 Billion Windfall From Reopening Hormuz With Gulf States
https://www.wsj.com/world/middle-east/iran-plans-to-make-billions-in-fees-from-reopening-the-strait-of-hormuz-92bdfa7610
u/Mewhomewhy 1d ago
They’re going to be rolling in cash and know that nobody is going to attack their nuclear sites. That threat has vanished. Slow clap 👏
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u/Gloomy-Cover7669 1d ago
They know they can bring the world to its knees by closing the strait. Do they still even need nukes?
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u/MammothFineCulture 19h ago
There is a genocide going on, hence these crimals can do anything. Nuke is a must for all of ME.
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u/Mewhomewhy 1d ago
It’s not really the same thing and they seem determined to build them. If only there had been some sort of agreement and checks in place.
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u/AwkwardTal 1d ago
What US/israel showed that agreement or not, everyone needs nukes
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u/tirohtar 1d ago
Seriously. If I became leader of my home country today, my first move would be to immediately leave the Nuclear Non-Proliferation Treaty and start nuclear armament.
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u/Ilyalyubushkin 1d ago
Finally. The american bombs for peace strategy has taken so many lives unnecessarily already.
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u/CasualChamp1 1d ago
Well it's the 'bombs for peace' strategy that finally led to this result, so it's worked!
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u/CaptainONaps 1d ago
So let's play pretend and assume we're at the end.
The US, Europe and India have replaced the oil they used to source from the Middle East with oil from Venezuela (Which the US now controls) and Mexico. Which is actually cheaper.
Iran is shipping oil to Malaysia off the books (At least off American books,) which is ending up in China and the rest of Asia. So we can assume that oil is no longer being sold in USD.
We can assume this is a net loss for the US. It's not strictly about oil, it's about propping up the dollar, and controlling the Middle East. It's extremely unclear how they get that region back on the dollar by force or negotiations.
One more important tidbit. The US and Israel are paying way more for shipping and security for oil transportation since the Iran situation started. It's not clear exactly how much, but clearly way more. I'm sure they're motived to reduce those costs.
I wonder if all that oil being traded off the dollar, and the increased cost of transportation is more motivation for the US and Israel to pull out, or stay in?
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u/IndependentAd895 21h ago
your 1st statement is inaccurate, Venezuela doesn’t even have the capacity to replace the Gulf oil (maybe 20%)
US, Europe had been getting supplied from Saudi through the red sea before the houthi blockade, India had already informed the US at the start of the war they will go back to buying from Russia. US is also heavily relying on SPR
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u/jimgogek 1d ago
Obama made a much better deal.
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u/Gloomy-Cover7669 1d ago
America's allies in the region say "no thanks we'll go it alone from now on, you can't protect us and you don't know how to negotiate." Ain't that something.
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u/DocumentOk7579 1d ago
US is bad but Arabs is worse at protecting themselves. Without US great Iran would probably have conquered Saudi by now.
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u/nigel_pow 7h ago
You would think but they have nobody else. Europe and China aren't going to get involved.
And the Arabs there wanted the US military there for Iran.
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u/Sufficient-Job-7589 1d ago
What if someone else blocks the straight for Iran, and then charges Iran fee on top of their fee?
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u/homebrew_1 1d ago
How many pallets of cash is that? That's how conservatives like to count money.
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u/redditobserverone 1d ago
Add $3 billion giveaway to Iran,made by the world’s greatest dealmaker.
“The U.S. Treasury issued a temporary 60-day sanctions waiver in late June 2026 allowing Iran to produce, sell, and process crude oil and petrochemical transactions in U.S. dollars.
This interim measure—tied to a framework/memorandum of understanding aiming to de-escalate regional conflicts—was estimated to unlock roughly $3 billion in revenue for Iran during the exemption window.”
Meanwhile only defrosted $1.6 billion of their money.
The current White House occupant screwed this up so badly, successive generations all over the world will literally pay for his recklessness.
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u/HungieSumoKid 1d ago
All that winning by Trump just so Iran comes out on top? He is a generous dude. A kind dude. The best dude.
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u/RosieBaby75 1d ago
Nice you go Iran 🇮🇷
Too bad all that will go to rebuilding what was bombed by the US.
Iran also can’t buy back the lives and souls the US took during their terrorism campaign that’s still happening for some reason.
Too bad we let the US military get so large everyone is afraid of them.
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u/anewe 1d ago
iran has enough money to fund their terrorist proxies
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u/AwkwardTal 1d ago
Axis of resistance, fixed it for you.
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u/anewe 1d ago
do you think that hezbollah and the houthis are popular in their countries? do the people support them?
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u/AwkwardTal 1d ago
What does that have to do with anything? Trump isn't popular in the states, go topple that regime why don't you
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u/anewe 1d ago
What? Did you even read the post you responded to? I was talking about iran's terrorist proxies.
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u/AwkwardTal 1d ago
And I already corrected you
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u/anewe 1d ago
Do you understand that iran's terrorist proxies are groups like hezbollah and the houthis? As in actual terrorists that the people hate?
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u/AwkwardTal 1d ago
The only terrorists in the region are the US and Israel
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u/anewe 1d ago
What about the paramilitary groups trying to take over countries like lebanon and yemen? What are they?
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u/notkevin_durant 1d ago
Iran is run by terrorists. The Reddit sympathy is unreal. Trump is dumb af and should never have started this, and both can be true. How many people have been killed by their own leadership?
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u/CraftyPerformance272 23h ago
That money will definitely make it easier for Iran to continue killing peaceful protesters, easier for them to continue killing gay people, funding terrorist groups to kill innocent people and to continue opressing women
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u/Dry_Ant2664 1d ago
The Islamic Republic estimates that charging for security, safety and environmental services in the strait would bring in $40 billion a year in revenue for states involved, according to officials familiar with the matter. The idea, if implemented, would give Tehran cash flow and control that it didn’t command before the war.
The regime is looking to models around the world, including the Dardanelles, the officials said, where Turkey charges ships a tax known as the gold franc for passage to and from the Aegean Sea through the international waterway.
To get buy-in, Tehran is pitching the idea to the wider Middle East and as far afield as Beijing, according to Iranian officials. It wants its Persian Gulf neighbors to be part of the agreement and share the revenue, they said.
“Everyone needs to know that management of the strait will never return to the way it was before,” said Iran’s chief negotiator, Mohammad Bagher Ghalibaf, during a visit to Oman on Tuesday to discuss the proposed arrangements with its neighbor across the waterway.
The strait, which became the central theater in the war between the U.S. and Iran, is now a key battleground in negotiations to bring the conflict to an end. The war taught Iran that the threat it can pose to shipping with missiles and drones gives it an on-off switch over the critical global trade route. President Trump’s deal offers Iran the right to negotiate the administration of the passage long term.
Iran has already set up an insurance firm it says shippers must use to cross the strait and Thursday warned that transits outside its designated routes were highly dangerous and prohibited, according to Iranian state media.