Hormuz Shutdown: Can Iran’s Economy Survive US Naval Pressure?
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Hormuz Shutdown: Can Iran’s Economy Survive US Naval Pressure?
As the naval blockade and airstrikes fail to force open the Strait of Hormuz, Iran’s economy is hit as crude, petrochemicals and non-oil exports stall, alongside vital imports of food and industrial supplies. Nearly a fifth of pre-war global oil and gas once passed through Hormuz; today that flow is a trickle. A proposed Iran–Oman maritime ...
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