Tehran is betting that its sanctions‑hardened economy can outlast the Strait of Hormuz crisis. Washington, meanwhile, is contending with elevated oil prices, renewed inflation pressure and rising global recession risks.

Economics of Hormuz closure are skewed towards Iran, so why won't the vessels just pay Tehran and sail away?

Iran is cementing its control over the Strait of Hormuz, a key international shipping route, 11 weeks after the start of the war with the United States and Israel.

Tehran is betting that its sanctions‑hardened economy can outlast the Strait of Hormuz crisis. Washington, meanwhile, is contending with elevated oil prices, renewed inflation…

Tehran is betting that its sanctions‑hardened economy can outlast the Strait of Hormuz crisis. Washington, meanwhile, is contending with elevated oil prices, renewed inflation…

Iran's Strait of Hormuz closure strands 20,000 sailors on 2,000 ships, disrupts 20-25% of global oil supply, and introduces Bitcoin for toll payments.

Impasse ao longo da costa do Irã se prolonga com bloqueios mútuos entre os dois países. Crise ameaça escalar, pressiona economias e preocupa países do Golfo, enquanto negociações…