New #Geopolitics Tension..!!
Indonesia Proposes Toll for Strait of Malacca ...
A major statement from the Indonesian Finance Minister has sparked a global debate!
Inspired by Iran's approach in the Strait of Harmuz, a proposal was shared to start changing a "passage fee" or tax from ships crossing the Strait of Malacca ...
Over 25% of global trade passes through this narrow stretch ..
Indonesia suggests sharing the income with Malaysia and Singapore ..
If this ever happens, expect a massive spike in global shipping costs and oil prices!!
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