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International Business Times UK
International Business Times UK
World
Briane Nebria

Iran 'Flow Control': How Tehran Took the Global Economy Hostage to End the War

Why California Gas Prices Hit $5.29 Amid Iran War (Credit: Connor Forsyth: Pexels)

Iran forced the United States and Israel to accept a ceasefire on Friday after using its grip over the Strait of Hormuz to throttle global trade, exposing how vulnerable the world's economy has become to a handful of strategic chokepoints.

Amid the six‑week war, Iran, under heavy U.S. sanctions, chose to fight not only with missiles and proxies but with geography. By effectively closing the narrow waterway at the mouth of the Persian Gulf, Tehran briefly took command of global energy markets and, in the process, tested Washington's long‑assumed supremacy in economic warfare. For anyone who still believed post‑Cold War globalisation made such tactics obsolete, the lesson has been brutal.

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