Articles on Economic coercion

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The Iranian closure of the Strait of Hormuz has largely brought oil traffic to a halt, hitting petroleum-exporting countries hard. Asghar Besharati / Getty Images

The US has long used economic coercion to achieve foreign policy goals — the war in Iran shows how that power has declined

US sanctions on foreign nations have lost some of their power to influence the behavior of other nations – with increasing costs for the US to boot.

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