Opinion: The weapon that can reopen the Strait of Hormuz? It’s the economy, stupid
🔴 Tension RisingThe Globe and Mail2026-05-08
The United States and Iran are utilizing economic power as their most potent weapon, rather than military force. They can block Iranian oil exports through the Strait of Hormuz, leveraging Iran’s vulnerability to blockade. Both sides seek Strait reopening on their terms, maintaining blockades to exert pressure.