U.S. naval blockade blocks Iran oil shipments from Persian Gulf
WSJ reports the U.S. naval blockade has prevented Iran from shipping oil from the Persian Gulf, with the trend now moving against Tehran in the “battle of the blockades.”
By Yaroslav TrofimovDUBAI-By squeezing the Strait of Hormuz, both the U.S. and Iran expected to outlast their foe, believing time would work in their favor.Now, it looks like the trend is moving against Tehran.The U.S. naval blockade has prevented Iran from shipping any oil from the Persian Gulf si…