"The blockade is somewhat more effective than the bombing. They are choking like a stuffed pig. And it is going to be worse for them."
"Officials are said to believe such a move could be less risky than renewed direct strikes, while still exerting maximum pressure on Tehran's economy."
"Iran was losing approximately $170 million per day in oil revenue due to export restrictions, warning that storage at key facilities such as Kharg Island was approaching capacity."
Donald Trump is contemplating a strategy involving military strikes and a maritime blockade of the Strait of Hormuz to address tensions with Iran. The Pentagon has developed contingency plans targeting Iranian infrastructure to compel negotiations on its nuclear program. The strategy aims for military pressure and economic disruption without immediate large-scale escalation. Trump noted the effectiveness of the blockade on Iran's energy exports, which are significantly impacting its economy, with oil prices rising and revenue losses reported.
Read at London Business News | Londonlovesbusiness.com
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