Wall Street Journal: US blockade of Strait of Hormuz puts Iran economy at risk
🔴 Tension RisingNEWS.am2026-05-01
The US blockade of the Strait of Hormuz poses a significant risk to Iran's economy by restricting oil exports. Iran is facing a crisis of confidence, and retaliation from the US is a concern. Some Iranian elites believe that resuming conflict may be cheaper than continuing the blockade.