Iran and the US traded tit-for-tat attacks over the weekend, issuing conflicting statements on whether the Strait of Hormuz is open for shipping, according to Bloomberg.
John Sfakianakis, chief economist and head of research at the Gulf Research Center, said a return to full-scale war is a possibility but that the situation is “not yet” at that point.
GEOPOLITICS | Sfakianakis Says Iran Is Testing US Resolve in Strait of Hormuz
2026-07-13 07:01:47
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