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Europe Capitulates, Sees Iranian Hormuz Fee Collection As 'Inevitable'  Europe capitulates at a moment Washington and Tehran (and possibly Oman) continue to be directly at odds over how future shipping traffic through the Strait of Hormuz energy chokepoint will be administered. Bloomberg reports Thursday, "Some leading European powers now accept that ships transiting the vital Strait of Hormuz will have to pay fees to Iran and Oman, according to people familiar with the matter." "The prospect of some sort of service fee in the aftermath of the US and Israeli war with...

German Parliament Moves To Criminalize Denying Israel's "Right To Exist" Various European initiatives and policies which criminalize "holocaust denial" have for years dominated headlines and driven immense controversy over freedom of speech and public debate. But Germany is now taking it a big step further, with the Bundesrat, Germany's upper house of parliament, having just approved a bill that would criminalize publicly denying Israel's "right to exist" or calling for its abolition. via Reuters If passed into law, a conviction would bring up to five years in prison, according to the proposed legal change. The...

The Complicated Reality Behind High Gas Prices Authored by Petr Svab via The Epoch Times, Average gas prices in the United States have gone up by almost 40 percent since March 1. The reason appears straightforward: Iran has blocked the Strait of Hormuz in response to the U.S. military operation that decapitated its regime and degraded its military. Hundreds of tankers trapped behind the strait cannot deliver their oil, depriving the world of 7 percent to 10 percent of its supply. Although that explains drastic price increases and even shortages in Europe...