Why doesn't Trump just walk away and let Iran charge a fee at the Strait of Hormuz? As Trump himself said, the U.S. barely uses the Straits anyway... Well... Iran controlling the Straits would actually be CATASTROPHIC for American hegemony and the dollar's status as the world's reserve currency.
The article argues that allowing Iran to control the Strait of Hormuz would undermine U.S. hegemony and the dollar's reserve currency status.
Why doesn't Trump just walk away and let Iran charge a fee at the Strait of Hormuz? As Trump himself said, the U.S. barely uses the Straits anyway... Well... Iran controlling the Straits would actually be CATASTROPHIC for American hegemony and the dollar's status as the world's reserve currency.
Why doesn't Trump just walk away and let Iran charge a fee at the Strait of Hormuz? As Trump himself said, the U.S. barely uses the Straits anyway... Well... Iran controlling the Straits would actually be CATASTROPHIC for American hegemony and the dollar's status as the world's reserve currency.
JUST IN: Trump’s proposed 20% fee on cargo passing through the Strait of Hormuz would reportedly amount to $30 million per fully loaded oil supertanker.
JUST IN: Trump’s proposed 20% fee on cargo passing through the Strait of Hormuz would reportedly amount to $30 million per fully loaded oil supertanker.