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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it

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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it
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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

The head of the Iran-China Joint Chamber of Commerce said “the consequences of the blockade far outweigh those of a direct war.”

By Jason MaAugust 15, 2026
What Bessent’s economic isolation of Iran could look like
What Bessent’s economic isolation of Iran could look like
By Magdalena Del Valle and BloombergAugust 15, 2026
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
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Hunt for AI-proof trades turns convenience shops into hot stocks
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A boat in the strait of hormuz.
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Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacksplaceholder alt text
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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade itplaceholder alt text
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