Loading ...Iran Tightens Its Grip on Hormuz Despite Cease-Fire – WSJ
Only 4 ships passed thru Hormuz today — Million dollar tolls must be paid in crypto or Chinese Yuan.
Trump demanded opening the strait. Tehran’s Revolutionary Guard is limiting ship traffic and charging tolls
Iran told mediators it would limit the number of ships crossing the Strait of Hormuz to around a dozen a day and charge tolls under the cease-fire struck by President Trump, showing Tehran plans to tighten its grip on the world’s most important energy-shipping lane. Ships that pass will have to coordinate with the Islamic Revolutionary Guard Corps.
Four ships were allowed to pass Wednesday, the fewest so far in April, according S&P Global Market Intelligence. Iran is requiring ships to work out toll arrangements ahead of time and then pay the fees in cryptocurrency or Chinese yuan, mediators and shipbrokers said.
OK THEN WHY IS OIL STILL $22 OFF IT’S PEAK THEN….SOMETHING IS OFF HERE !
Well this one is from the Wall Street Journal — one can only assume that they are vetting the info they are spreading…..