Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices
- Posted on April 17, 2026
- By The Hill
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Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices
The U.S. blockade on the Strait of Hormuz has effectively shut down trade to and from Iran’s ports, cutting off an estimated 90 percent of the Middle Eastern country’s economy as the Tr…
