Iran's Hormuz Leverage Wanes as US Economic Squeeze Bites
📉 TEHRAN — Iran's Hormuz card shrinks as the sanctions math catches up. 📌 LOOK CLOSER: Tehran's leverage assumed Hormuz disruption would cost Washington more than sanctions cost Iran. That calculus is inverting. With tanker revenue collapsing faster than oil prices rise, Iran's pain threshold approaches before Washington's does. Key variable: whether IRGC hardliners accept attrition or force an escalation that closes the last Oman channel exit.
