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"such a good ship, shame if anything happened to it"
Are we all tired of so much winning yet?
So there are tolls after all and they’re going to make Iran money.
Incredible that Iran is victorious (so far).

War is one way of forcing political will on another. The US military executed nearly flawlessly yet US leadership doesn't want to pay the cost of defeating Iran by force.

Why even have this military if anything that affects the market makes the US cower in fear?

The low bar path out for Iran is not to charge US ships insurance. The people most likely to complain would not complain if America has an exception.
To the victor belong the insurance policy commissions
Al Capone couldn't have come up with a more "attractive" insurance plan himself.
Something that I found interesting was how far away the USA had to keep its navy. What's the pint of having 11 aircraft carrier groups when you can barely even use them?
Were straits not doing insurance at all before? Would have thought that all straits were charging for it after the Ever Given disaster. The strategy can’t permanently be “wait for the EU or US to fix it in a week as worldwide markets crash”.
LMAO they're learning how to do legally defensible racketeering the way US insurance companies do, very smart.
Look at the doc (from Iran), the things covered by the “insurance” have only ever happened (in the straight) due to Iran.
Why would they not just build a pipeline from Kuwait to Oman or even UAE to the other side of Oman? If the Keystone pipeline is profitable, so would this I would think. Seems like a temporary problem or a fine line for Iran to charge fees low enough the effort would not be worth it...
If this was obvious to some random guy like me at least two months ago [1][2] without access to intelligence community information and military assessments then this should surprise absolutely no one in the administration. I said then and have been vindicated (IMHO): this will go down as the largest strategic blunder in US history. It's also going to reshape the region away from US influence because of the hollowness of US security guarantees. The GCC are going to have to deal with Iran as a fellow oil-producing nation. A big loser here is the UAE and I'm not sure that Dubai ever recovers.

Before all of this, Iran closing the Strait of Hormuz was a theory that was never tested. Traffic passed freely. But a war was forced upon them by the US and Israel so if any of these countries (or anyone else for that matter) is unhappy at the outcome, you know where to point the finger.

One irony in all this is that the UN Convention on the Law of the Sea would guarantee free transit passage through territorial waters like the Strait of Hormuz. Iran isn't a signatory. The ironic part is that the United States isn't either.

[1]: https://news.ycombinator.com/item?id=47944212

[2]: https://news.ycombinator.com/item?id=47937691

Did Iran just rediscover the protection racket?
I don’t understand why we’re calling it insurance? Does it pay out if something bad happens?
And here comes the hell of unnoticed collateral effects

For example. Are the bombs throw over Iran, cancelling the monsoon rains in several states of India?

> "After an encouraging start to the SW monsoon season, India is now witnessing a prolonged pause in its advance, raising concerns over rainfall deficits, soaring temperatures and water shortages in some states. (source: Bussiness Standard)"

https://www.business-standard.com/india-news/monsoon-in-indi...

Also: "(Without rains) The stock of drinking water in the State of Goa can last about one month".

It seems that all those clouds are being pushed directly offshore to release into the ocean.