The U.S. campaign has expanded from a strategy of military force toward one of economic pressure, with Iranian foreign trade down by nearly 35 percent, the rial at a record low of two million to the U.S. dollar, and year-over-year inflation reportedly reaching 84 percent. The military conflict between the United States and Iran, now in its seventh month, escalated sharply this week after a period of relative quiet. The fighting, which began on February 28, has centered throughout on control of the Strait of Hormuz, the narrow waterway through which roughly a fifth of the world’s oil once passed… — Source: The Gateway Pundit – Read More
