🇪🇺🇮🇷 European nations apparently have quietly accepted Iranian fees on Strait of Hormuz transit as inevitable
They are now focused only on making sure the fees apply equally to all vessels rather than fighting the principle itself.
2 weeks ago Meloni was on camera saying allowing Iran to charge tolls would turn every strategic waterway in the world into a weapon and that Europe simply could not contemplate it.
Now Europe is contemplating it and apparently at peace with the outcome, focused on fairness of application rather than whether it should happen at all.
The Strait question that was supposed to be a red line just became a negotiating detail.
Source: Bloomberg
They are now focused only on making sure the fees apply equally to all vessels rather than fighting the principle itself.
2 weeks ago Meloni was on camera saying allowing Iran to charge tolls would turn every strategic waterway in the world into a weapon and that Europe simply could not contemplate it.
Now Europe is contemplating it and apparently at peace with the outcome, focused on fairness of application rather than whether it should happen at all.
The Strait question that was supposed to be a red line just became a negotiating detail.
Source: Bloomberg