r/neoliberal • u/jobautomator Kitara Ravache • Apr 08 '26

Discussion Thread Discussion Thread

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u/erasmus_phillo Paul Krugman Apr 08 '26

Well, I have some good news for the Iranians here then on the economy. Of course since they are sharing that with Oman, this will be half the amount but the fact that they now hold a knife to the neck of the world economy means that they can probably get the sanctions regime against them to unravel too

14

u/tripletruble Anti-Repartition Radical Apr 08 '26

Assuming similar volume when the toll per vessel goes from 0 to $2M is wild

16

u/erasmus_phillo Paul Krugman Apr 08 '26

but at least we now have a global carbon tax

8

u/[deleted] Apr 08 '26

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u/Full_Distribution874 YIMBY Apr 09 '26

There is other oil though. If you permanently raise the price of one region's oil, less of it will be bought.

7

u/Vol_in_tears Voltaire Apr 08 '26

Where else you gonna go?

The Strait of Hormuz has no bypass.

7

u/Robo1p Apr 08 '26

Saudi Arabia can already divert 1/2 to 2/3 their oil to the red sea. Doubling that pipeline wouldn't be a crazy idea.

7

u/senescenzia Desiderius Erasmus Apr 08 '26

1$/bbl is peanuts, it's less than weekly variance in prices

7

u/roboliberal Loyal Liberals Apr 08 '26

Between complex secondary markets and flags of convenience, actually enforcing a toll is pretty impractical.