Trump ends 40 years of the Crown’s terror tax of $200 million a day on Iran’s oil shipments
Peter Navarro is an economist and the senior counselor for trade to President Donald J. Trump.
The Crown, the British Monarchy, no longer benefits from its 40-year terror tax of $200 million a day on Iranian oil.
It ended on Sunday when an agreement was finalized between Iran and America.
Signing is for Friday in Geneva, Switzerland.
Great Britain imposed the tax to fund terrorism worldwide.
Last year, 34% of global crude oil trade passed through the Strait of Hormuz.
https://www.weforum.org/stories/2026/03/where-in-the-world-does-our-oil-come-from/
Lloyds of London insurers have been oil partners with the Crown, the King of England, and Iran since 1908.
According to:
Lloyds
BP, also known as British Petroleum.
https://www.bp.com/en/global/corporate/who-we-are/our-history.html
https://www.jpost.com/international/article-890106
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