“The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait. The USA will be, from this point forward, known as ‘THE GUARDIAN OF THE HORMUZ STRAIT,’ but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20 percent on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.”
“The process and formation will begin immediately,” posted convicted felon President Trump on Monday and yeah, it does seem significantly more deranged and delusional from an octogenarian who already wasn’t all there to begin with. How the fuck does this idiot think this is going to work? Is the US Navy going to be boarding and inspecting every single goddamned ship that passes through to check its cargo manifest and print an invoice to each captain? They going to have a little Square Pay terminal on hand so the skipper can tap his MasterCard or AMEX and process the fee? Will the tips to the enlisted sailors on the boarding team at least be optional if a vessel is carrying under 5,000 gross tonnes of cargo? Do they have to pool those tips with everyone else in CENTCOM?
Oil prices immediately spiked over $75 a barrel of Brent Crude in the minutes after the post.