Why the Strait of Hormuz is the crux of the Iran conflict | FT #shorts
Financial Times·2026-03-20 01:33
Iran wishes to impose such a cost that states don't believe they can come back and strike Iran again. The way they are trying to do that is to drive countries around the world into recession by preventing the flow of gas, oil, and other critical goods through the strait. And therefore, whether or not Iran succeeds in establishing deterrence is essentially determined by whether the straits can be reopened.>> And what are the options for reopening it. Well, I think the US will go through a staged approach. So ...