Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices
“The ‘blockade of a blockade’ strategy cooked up by the Trump administration will not work,” according to the think-tank Defense Priorities, which advocates for more restrained U.S. foreign policy. “While Washington is betting that Iran will suffer from lost revenues, the Iranians have far more resolve than the U.S. because the war is existential for them.”
