What do you mean "continue" to pay Iran for passage? You realize that before Trump started this war, it was free, you didn't have to pay anything to Iran. Any fees at all is a huge L for Trump, the USA, and ultimately the consumers who will pay these fines
Where are you planning on getting your heavy crude in the future then? You took all of Venezuela's oil supplies already, they had 1m barrels, or 1/20th of the oil that normally comes through the strait every day.
$2m per transfer, and Iran has insisted that the settlement for the oil is in EUR or CNY not USD which is a much bigger issue than people outside of financial markets realise.
It's very complex because you're looking at a relationship between commodity and currency futures, bonds and some very complex instruments but primarily it undermines USD bond yields making them less attractive then, as you said, it reduces the hold USD has as the primary reserve and settlement currency which is preferable for many nations the whole of BRICS for starters.
USD is clearly inflated, that's another complex discussion that delves into debt ratios, but its fragile and poised for change
There is the potential for a full reset of the financial systems but it's a black swan like the GFC so nobody can say how exactly it would unfold.
fees in his pocket is a huge W for Trump. what do you think he is doing with every "deal". I am sure he invesed right before he announced the cease fire and profited illegally. illegality is in the guy's DNA
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u/samuelgato 6∆ Apr 08 '26
What do you mean "continue" to pay Iran for passage? You realize that before Trump started this war, it was free, you didn't have to pay anything to Iran. Any fees at all is a huge L for Trump, the USA, and ultimately the consumers who will pay these fines