US Financial War Against Iran Sparks Paradoxical Consequences

The US has launched what it calls the 'largest financial attack in history' against Iran, aiming to restrict Tehran's economic and trade lifelines. However, this move raises questions about how far the pressure can go without affecting the US economy itself.

A key concern is the country's dwindling oil reserves, which have dropped to a 50-year low of approximately 41 days' coverage. This is significantly lower than the historical average of around 65 days, representing a 37% reduction in the reserve safety margin.

The situation is further complicated by the turmoil in the Strait of Hormuz, one of the world's most important energy chokepoints. Disruptions to tanker traffic can lead to supply shortages, higher shipping and insurance costs, and rising prices for oil and refined products.