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Trump Is Conceding a Hormuz Tolling Regime to Iran
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Editors’ Blog – TPM – Talking Points Memo
President Trump is now demanding that Iran reach a deal with Oman on the Strait of Hormuz as soon as today or face devastating attacks from the United States.
But this is actually an example of how deep a hole the U.S. is now in, and how rapidly it’s sliding into conceding a system of post-war Iranian tolls on the Strait as a given.
What Iran and Oman are negotiating is an interim agreement in which they will jointly manage a system of tolls (calling them “service fees”) over what is an international waterway.
But something so fundamental conceded in a provisional or temporary agreement is seldom withdrawn in a final accord.
The mix of control and revenue this provides to Iran amounts to a massive strategic gain from the war Trump began back in February.