Specifically, we are talking about three important data transmission lines: AAE-1, FALCON, and Gulf Bridge International Cable System. These cables carry ten billion dollars worth of data for financial transactions every day. Tehran wants the duty to compensate for its oil export losses, which amount to up to 220 million dollars a day. These losses are due to the blockade of Iranian ports by the U.S. Navy. Iranian media explain that Iran may oblige foreign companies using cables to pay annual license fees, writes Bild.
This plan, as conceived by the mullahs’ regime, should have not only economic but also political consequences: American tech giants such as Meta, Amazon or Microsoft will be forced to operate in the region “under Iranian law” – including censorship – when using cables through Hormuz. For those who refuse, Tehran threatens to damage the cables – which could cause regional and global economic damage of “hundreds of millions of dollars” within days.
