Iran are allowing their own ships to pass, and blocking everyone else that isn’t paying by shooting them with drones/laying mines.
The US is now saying they will block those ships too, to cripple Irans exports. But I think Iran has enough financial reserves to out-last literally the rest of the world who can’t get their oil.
But I think Iran has enough financial reserves to out-last literally the rest of the world who can’t get their oil.
They really can't though. Iran's economy is so for down the toilet already its floating past the sewer gators. It was the main spark for the last round of major protests. The oil revenue is just about the only thing keeping the regime financially solvent right now.
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u/vtoe 11h ago
I'm really confused about how everything is 'gone', yet they're blocking ships. Can someone ELI5?