💬 Opinion Mar 20, 2026 · Simon Johnson

Iran Is Sanctioning America

#Iran#Sanctioning America
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Iran Is Sanctioning America
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By choking off the Strait of Hormuz to oil flowing from pro-US Persian Gulf countries, while still shipping a substantial amount of its own oil to China, Iran has effectively slapped painful sanctions on the US. If these de facto sanctions last, they will impose high economic costs on many Americans – and political costs on Donald Trump.

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