Hormuz Leverage Weakens as U.S. Economic Pressure Intensifies
ISTANBUL, Sept. 6 — Iran’s ability to use the Strait of Hormuz as leverage against Washington is weakening as a U.S. naval blockade and tougher sanctions sharply reduce Tehran’s oil revenue without causing the global economic shock Iranian leaders had sought, according to officials and analysts. The U.S. campaign has restricted Iran’s oil exports, access […]
