Could Hormuz become America’s Suez?

In 1956, Britain was forced to abandon the Suez Canal and withdraw from Egypt after a humiliating political and financial defeat. The crisis did not end the British Empire overnight, but it exposed the decline of a power that had dominated much of the world for more than two centuries, in an empire on which the sun famously never set. Britain could still fight wars, but it could no longer act as an independent global power without facing the economic and political limits of its strength. Now, nearly seventy years later, the question is whether the war with Iran and the crisis around the Strait of Hormuz could become America’s Suez. When war becomes too expensive After Egyptian President Gamal […]