X @Nick Szabo

RT Arnaud Bertrand (@RnaudBertrand)I suspect the real reason for Singapore's opposition to a toll on Hormuz is not some high-minded devotion to international law, but because if it's set as a precedent and a toll were to exist on the Strait of Malacca, it would basically kill their current business model.See, geographically speaking, Malacca runs primarily between Malaysia and Indonesia - Singapore only controls a small stretch at the southeastern exit. Yet currently they capture most of the strait's commer ...