Trump helping get an indirect tax on carbon. As early signs of Iran War pushing more people to lower dependence on volatile fossil fuels. This new “tax” will both push up short term prices and likely remind people how volatile fossil fuel prices will remain.
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Reuters: Iran wants fees of 5%-7% of the price of cargo from ships using the strait; Oman wants 3%. "Making fees voluntary, at least nominally, could be a way out of the impasse, although an implied threat of Iranian attacks could mean shippers would be unlikely to risk transit without paying."