Nobody was ready for a scenario in which the Strait of Hormuz is blocked for an indefinite period of time. The Iranians think that they will eventually get what they want by holding commercial traffic through the Strait of Hormuz hostage and causing as much pain for the global economy as possible. The Trump administration believes that if Iran’s oil revenue is cut off the regime in Tehran will eventually be forced to give in to their demands. Both sides are engaged in an extremely high stakes game of chicken, and both sides are making tragic miscalculations. There is no way that the world economy is going to be able to handle a shutdown of…
Read the full article at ACTIVISTPOST.COM
