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Trump may have given Iran a $500 bln money spinner
Hugo Dixon
Thomson Reuters
PARIS, April 1 (Reuters Breakingviews) -
... that may be what the president achieves if the United States withdraws.
A lot depends on whether Tehran keeps control of the Strait of Hormuz,
...
Given the huge profits Arab states make from transporting oil and LNG through the chokepoint, Iran might extract $120 billion a year until the producers build pipelines to avoid it.
Iran has already charged at least one ship $2 million, ...Before the war, around 150 ships travelled through the Strait each day, If it charged $2m per vessel, Tehran could collect $110 billion a year.
But a flat rate is too crude. It might make more sense to charge by the weight of the ship. That is what Turkey does, for boats passing through the Bosphorus and Dardanelles.
...
More...
https://www.reuters.com/commentary/breakingviews/trump-may-have-given-iran-500-bln-money-spinner-2026-04-01/
Thomson Reuters
PARIS, April 1 (Reuters Breakingviews) -
... that may be what the president achieves if the United States withdraws.
A lot depends on whether Tehran keeps control of the Strait of Hormuz,
...
Given the huge profits Arab states make from transporting oil and LNG through the chokepoint, Iran might extract $120 billion a year until the producers build pipelines to avoid it.
Iran has already charged at least one ship $2 million, ...Before the war, around 150 ships travelled through the Strait each day, If it charged $2m per vessel, Tehran could collect $110 billion a year.
But a flat rate is too crude. It might make more sense to charge by the weight of the ship. That is what Turkey does, for boats passing through the Bosphorus and Dardanelles.
...
More...
https://www.reuters.com/commentary/breakingviews/trump-may-have-given-iran-500-bln-money-spinner-2026-04-01/
Hugo Dixon is Commentator-at-Large for Reuters. He was the founding chair and editor-in-chief of Breakingviews. Before he set up Breakingviews, he was editor of the Financial Times’ Lex Column. After Thomson Reuters acquired Breakingviews, Hugo founded InFacts, a journalistic enterprise making the fact-based case against Brexit. He was also one of the founders of the People’s Vote which campaigned for a new referendum on whether Britain should leave the EU. He was one of the initiators of the G7’s “partnership for global growth and infrastructure”, a $600 billion plan to help the Global South accelerate its transition to net zero. He is now advocating a $300 billion “reparation loan” for Ukraine, under which Moscow’s assets would be lent to Kyiv and Russia would only get them back if it paid war damages. He is also a philosopher, with a research focus on meaningful lives.
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