🇺🇸 This Financial Times opinion article argues that Iran’s actions in the Strait of Hormuz show the reality of multipolar economic warfare. For decades, the US dominated sanctions and used financial pressure as a strategic weapon. Now other powers, including Iran and China, can use similar tools in response to escalation.

The article says sanctions are increasingly less effective as countries adapt by diversifying trade, strengthening domestic industries, and building alternative partnerships. Economic coercion is no longer a safe substitute for conflict. Prolonged sanctions raise global costs, disrupt energy markets, and increase the risk of military escalation.

In short, economic weapons are no longer one-sided and carry growing global consequences.

Source -> https://t.me/DDGeopolitics/178074