US naval blockade of Strait of Hormuz reportedly costs more than $30 million a day

Bloomberg reports that the blockade is stretching the US naval budget, sailors and global readiness.

2 Sources, 9d ago, first seen 9d ago

TLDR

Bloomberg reports that the US is paying more than $30 million daily for its naval blockade of the Strait of Hormuz, stretching its naval budget, sailors and global readiness. The outlet’s Big Take podcast examines the mounting price tag and the opportunity costs of a protracted conflict.

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2 Sources, first seen 9d ago

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Replies criticized the U.S. naval blockade of the Strait of Hormuz for its $30 million daily cost and for enabling attacks and economic harm against Iranians.

Based on 27 sentiment-bearing replies from 24 accounts across 2 conversations.

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