economy
March 15, 2026
Initiative may be slipping away from US and Israel as Middle East crisis deepens
There is little sign of imminent regime change in Iran as its blockade of strait of Hormuz shocks global economy

TL;DR
- Iran has blockaded the Strait of Hormuz.
- This blockade is impacting the global economy.
- There are no apparent signs of imminent regime change in Iran.
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