The revenue potential is $6.4 billion, accepted in cash, crypto, or barter—bypassing the SWIFT system and Western sanctions entirely.
Jimmy Dore: Iran is now reportedly monetizing its control over the Strait of Hormuz, charging $2 million per ship for transit—a move that has turned the world's most critical oil chokepoint into a paywall controlled by Tehran, with 3,200 ships and 40,000 sailors waiting on the other side.
Jimmy Dore and Kurt Metzger note the irony that Egypt, Panama, and other nations charge canal tolls without controversy, yet Iran is demonized for doing the same, while the U.S. and its allies helplessly watch global trade restructure around them.
Jimmy calculates the revenue potential at $6.4 billion, accepted in cash, crypto, or barter—bypassing the SWIFT system and Western sanctions entirely. He concludes that the war has backfired so spectacularly that Iran now holds the global economy hostage, and the U.S. has been left begging for allies who refuse to help.
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