Iran war has exposed the decline of the US’s economic coercion power

NewsWorldAmericasUS politicsIran war has exposed the decline of the US’s economic coercion powerU.S. sanctions – and the current blockade of Iranian-linked ships – appear to be only hardening Iranian resolveCharmaine N. Willis The Conversation & Keith A. PrebleThursday 30 April 2026 21:45 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":false,"showBookmark":true,"articleId":"b2968454","articleMeta":{"url":"https://www.independent.co.uk/news/world/americas/us-politics/iran-war-trump-sanctions-strait-of-hormuz-b2968454.html","title":"Iran war has exposed the decline of the US’s economic coercion power"}}open image in gallery{"id":"trigger-autogallery-4644","index":0}The U.S. has long used economic coercion to achieve its foreign policy goals (Getty Images)Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailGet our free Inside Washington emailEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"IND_INSIDE_WASHINGTON","regTitle":"Inside Washington","subscriptionGroup":"inside_washington","subscriptionGroupId":"af764e04-87eb-45e6-a84b-a7455ba70a1e","type":"inside_washington","pathPrefix":"/news/world/americas/us-politics","associatedAuthors":["Eric Garcia","John Bowden"],"title":"Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox","mobileTitle":"Get our free Inside Washington email","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/insideWashington1_1.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveInsideWashingtonNews","regS...