Hormuz blockades show how everything is now about leverage
Iran’s military might was never going to be a match for the US and Israel. So instead it turned to the highly effective weapon it has at its disposal – geography. Blocking off the Strait of Hormuz has shaken the global economy. It has doubled the price of a barrel of crude oil, which has […] The post Hormuz blockades show how everything is now about leverage appeared first on Asia Times.
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