Saudi Arabia · Microsoft · Amazon · Meta · Strait of Hormuz · Iran · Tom's Hardware
IRGC-linked media outlines plan to tax and control undersea internet cables in the Hormuz Strait
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The oil and shipping choke point may also soon become a digital pressure point.
Key facts
- So Tansim's ideas for extracting value from the $10 trillion of transactions estimated to be pulsing through these cables daily won’t merely be the musings of some journalist
- Tasnim is regarded as an official mouthpiece for the IRGC (the Islamic Revolutionary Guard Corps)
- Another well-known Iranian news source that is also linked to the IRGC, Fars, has published a similar story, according to Iran International
- At that time, the IRGC-affiliated media highlighted that the cables running through the strait were of greatest importance to countries to the south, like the western-interest-friendly UAE, Qatar
Summary
If you thought the crisis centered on the Strait of Hormuz couldn’t get worse, think again. Tasnim is regarded as an official mouthpiece for the IRGC (the Islamic Revolutionary Guard Corps). The Tasnim article was headlined ‘Three practical steps for generating revenue from Strait of Hormuz internet cables.’ In the piece, the writer paints Iran as a nation deprived of any wealth creation from this key infrastructure in a waterway, which, before this conflict, wasn’t seen as Iran’s to rule. Some of the practical wealth creation steps Iran could take, according to the cited Tasnim post, include:. Initial licensing and levy of annual renewal fees for foreign cable owners/operators.