Iran Warns of US Miscalculation in Hormuz as Treasury Vows Economic Isolation - scanx.trade
Iran Warns of US Miscalculation in Hormuz as Treasury Vows Economic Isolation - scanx.trade
Source: scanx.trade
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DW NOTE
The US Treasury is threatening economic isolation against a country whose strait the Navy has successfully blockaded for four months. Iran controls a shipping route that processes 21 million barrels of oil per day in peacetime; the US has reduced that to functionally zero through military force. Threatening further economic punishment after physically severing a nation's primary export artery is diplomatic theatre — the isolation already happened on June 17, with warships.