Iran Could Force Insurers To Pay $2 Million-Per-Ship For Strait Of Hormuz Passages
By Times News
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"JP Morgan, in a sort of aspirational study, concluded that the Iranians could make $70 to $80 billion a year." Iran has the potential to capitalise on high-stakes global instability from blockading the Strait of Hormuz by charging enormous amounts of money for the passage of oil, says former Middle East peace negotiator Aaron David Miller. Aaron David Miller was speaking to John Pienaar on Times Radio Drive. Listen live every Monday-Thursday from 7-10pm. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/thetimes/
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