How much will Iran lose? The cost of Trump’s Hormuz blockade
✨ AI Summary
🔊 جاري الاستماع
Following failed talks, the US has imposed a blockade on Iranian ports in the Strait of Hormuz, potentially costing Iran $435 million daily in economic damage, primarily from lost oil and petrochemical exports. This move, aimed at pressuring Iran, could also impact China's energy imports and requires significant US naval commitment to enforce.
