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The Iran War Is Now about Who Blinks First under Economic Pressure
(Wall Street Journal) Georgi Kantchev - Senior Trump administration officials have doubled down on economic pressure in the fight with Iran, vowing unprecedented financial sanctions that would force Tehran to reopen the Strait of Hormuz. Iran on Thursday attacked two UAE ships in the strait, Emirati officials said. Iranian officials believe they have time on their side and have expanded their demands for reopening Hormuz. International oil prices have oscillated under $90 a barrel in recent days as the region's producers have managed to find workarounds to keep their crude moving.