WorldIran’s grip on trade is a potent weapon, but it has an expiry date
Iran can use global dependence on the Strait of Hormuz as a powerful source of leverage today. That dependence gives Tehran an influential position over trade flows. But the advantage is not unlimited or permanent. If disruption continues for too long, countries and markets will adapt, steadily weakening Iran’s leverage.
Iran’s grip on trade is a potent weapon, but it has an expiry date
World