The Revolutionary Guard (IRGC) of #Iran is controlling the #StraitOfHormuz, despite the ceasefire—
The IRGC (designated a terror group by many, including the #USA) is deciding which ships may pass through the Strait and charging tolls payable in cryptocurrency or Chinese yuan, the latter of which "has alarmed regional officials as threatening reduced Western and allied influence over #oil markets."
The closure of the Strait is causing #energy concerns and increased #inflation globally.
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The Iranian foreigner minister posted on 'X' that "traffic through the waterway during the two-week cease-fire will be under the oversight of Iran’s armed forces."
Those comments were reposted by Trump and the White House. 👀
The Trump Admin's "acknowledgment of the demands risks entrenching Iran’s dominance over a significant portion of the world’s oil supply—about 20 million barrels a day, or some 20%."
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#Iran #USA #trump #oil #OilSupply
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https://www.wsj.com/world/middle-east/iran-tightens-its-grip-on-hormuz-despite-cease-fire-5027521f
~"Only 6 weeks ago, ships moved freely through the #StraitOfHormuz before the war without any military coordination with #Iran. The new arrangements are altering the balance of power in the Persian Gulf & expanding Iran’s global influence" despite the 5-week war. 👀
"Gulf #energy producers are strongly opposed to any arrangement that would require making payments to Iran. Mediators expect Iran’s demand to complicate talks in the coming weeks toward a permanent ceasefire."
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ˈdälfən™🐬 💥 🌊
kralcttam ☕️