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ProjectLincoln posted on 2026-08-07 that "Trump and the GOP have now made Iran a…

2026-08-07 · 13:49 UTC ·@ProjectLincoln ·1 min read

Brief

ProjectLincoln posted on 2026-08-07 claiming that Trump and the GOP have "made Iran a world power," linking a Hormuz Report/Reuters item that Iran will charge 5–7% transit fees on Strait of Hormuz traffic (Chinese ships exempt) worth about $100 billion annually; at 7% the post estimates ~$385M/day, ~$11M per 2M-barrel VLCC, and revenues exceeding a third of Iran's GDP.

Why it matters

ProjectLincoln posted on 2026-08-07 that "Trump and the GOP have now made Iran a world power and America will be paying for it for generations."

Key details

  • The Hormuz Report (citing Reuters) says a senior Iranian official confirmed transit fees of 5%–7% of cargo value on ships using the Strait of Hormuz, with Chinese vessels exempt and the policy worth roughly $100 billion annually at pre-war traffic levels.
  • At a 7% toll the post calculates roughly $385 million per day; a single VLCC carrying 2 million barrels would face ~ $11 million in fees; collection costs would be minimal (~97% profit), yielding revenues comparable to Alphabet ($132B in 2025), Nvidia ($120B FY2026), Apple/Microsoft (> $100B), Saudi Aramco ($105B), 15–20× the Suez Canal's peak, and exceeding a third of Iran's GDP.
Source evidence

Trump and the GOP have now made Iran a world power and America will be paying for it for generations to come.

The Hormuz Report (@HormuzReport)

BREAKING: A senior Iranian official has confirmed that Iran will impose transit fees of 5% to 7% of cargo value on ships using the Strait of Hormuz—worth roughly $100 billion annually at pre-war traffic levels—with Chinese vessels exempt under the drafted deal, according to Reuters.

At 7%, the toll would generate approximately $385 million per day. For a single VLCC carrying 2 million barrels of crude, the fee would be roughly $11 million. With almost no cost of collection, about 97% would be pure profit.

The scale is staggering. The Strait would become about as profitable as Alphabet ($132B in 2025), Nvidia ($120B FY2026), Apple and Microsoft (both just crossed $100B), and Saudi Aramco ($105B). It would represent 15–20 times the Suez Canal's all-time peak revenue.

For Iran, this would exceed a third of the country's GDP—without pumping a barrel.

— https://nitter.net/HormuzReport/status/2085204869703716998#m