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Iran War: US Imposing Strait of Hormuz Blockade Monday AM; Experts Criticize Further Pressure on Oil Prices, Illegality, and Risk of Failure; Will Houthis Close the Red Sea to Back Iran?

Naked Capitalism
Monday, April 13, 2026 at 10:54 AM
~4 min read
InflationEnergy

Original Report

Today's Iran war update: Trump again demonstrates his need to dominate results in self, US and global harm, here with a barmy blockade plan.

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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