How Iran Put the World in a Straitjacket

Americans like to think that their lives are shaped by elections, legislation, and the decisions of their elected leaders in Washington.
Lately, they are being shaped by a 21-mile-wide strip of water half a world away.
The Strait of Hormuz – the narrow passage connecting the Persian Gulf to the Gulf of Oman and the broader Indian Ocean – has become the most powerful “legislative body” affecting the American economy. Roughly a fifth of the world’s oil supply flows through it. When that flow is threatened, prices spike. When prices spike, Americans pay – at the pump, at the grocery store, and…
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