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How much will US Hormuz blockade hurt Iran, and does Tehran have an escape?
Iran earned $5bn in oil exports in past month while it shut the strait for most other ships. That revenue is at risk.
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bbc.com
Trump's Strait of Hormuz blockade threat raises risks and leaves predicaments unchanged
The conflict is now a test of wills - Iran’s capacity to absorb strikes versus Trump’s tolerance for the war's costs.
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cnbc.com
Oil prices surge above $100 as U.S. Navy to blockade Iran's ports after peace talks fail
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
