Article
Trump Reinstates Iranian Blockade, Stuns With 20% 'Reimbursement Plan' On Cargo Transit, Oil Prices Surge
Trump Reinstates Iranian Blockade, Stuns With 20% 'Reimbursement Plan' On Cargo Transit, Oil Prices Surge
Summary
Trump says US blockade of Iran ports 'reinstated': states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit.
Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across the Gulf.
Shipping tensions boil: Iran claims the strait is closed, but commercial vessels continue transiting under US protection.
Oil prices climb: on rising risk to global shipping & energy markets, as diplomacy clearly unraveling.
Strait of Hormuz...
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Within academia, there seems to be a growing consensus that the peer-review system—once the backbone of academic scholarship—is broken. But is it irreparably so? Perhaps. At the very least, the breakdown of its current form is worth exploring. However, rather than abandoning the entire endeavor, we believe we have a novel solution. First, though, let us examine where the system went wrong.
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