> Iran is collecting about 2 million USD from each vessel through the strait.

No they aren’t. They’re collecting ¥14M.

Maybe nitpicking, but I believe this is the most important change to come out of Israel’s and USA’s war against Iran. The petrodollar is dead, and this will have severe long term consequences for the USA.

Oil is dead so we shouldn't sweat it.

Once boomers rotate out of power and people who still have plastic brains take over, the rotation away from oil will speed up dramatically. Right now it's looking like $5/gal is a surety, and we might even see $6.

All the people paying $80 to fill up their eco car are going to be wondering if not being able to drive 7 hours once a year without stopping for a 30 minute charge is really worth it for sticking with gas.