The illusion of hegemony: how asymmetric maritime chokepoints expose a multipolar world
The stalling of Washington's economic siege of Iran exposes a profound structural shift: Great powers can no longer unilaterally dictate regional conflict outcomes. Failing to force Iranian capitulation through conventional coercion, the United States escalated with Treasury Secretary Scott Bessent's "Operation Economic Outcast" – an "economic D-Day" targeting Tehran's financial lifelines through sweeping secondary sanctions on shipping, aviation, gold, and digital assets.