The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now become one of the most decisive variables in Iran’s political economy. The blockade of the Strait of Hormuz has occurred under conditions where Iran’s economy was already suffering from deep structural dysfunctions. This structure is heavily dependent on maritime routes, through which more than 80% of […] The post The Naval Blockade And the Structural Fracture of Iran’s Economy appeared first on Iran Focus.