In Strait of Hormuz Standoff, U.S. and Iran Deploy Economic Warfare NYT | Top Stories By: Nicholas Kulish and John Ismay 29 May 2026 at 05:12 The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water. © ReutersVessels anchored at the Strait of Hormuz on Monday. Control of the waterway is a tool Iran has used as leverage against the United States.
Login
