No. of Recommendations: 2
if iran's control of hormuz leads to normalized toll fees, it could trigger a chain seriously throttling global trade for 'open' waterways.
from easiest to hardest :
bosporus (turkey)
baltic (nordics)
mandab(multiple nations)
russia hurt the worst...if their economy is even running exports by then.
since trade is the lifeline for malacca adjacents, probably unaffected.
given trump and erdogan have similar auth tendencies, am surprised bosporus is not a first mover.
if the potomac was a continental transit trade route, it would have been named the trump waterway toll channel already.
