By Tom Sharpe*
As the US-Israeli war with Iran enters its sixth week, Tehran has turned the Strait of Hormuz into a weapon. Since early March, the Islamic Revolutionary Guard Corps Navy (IRGCN) has imposed a selective “permission-only” regime. Friendly-flagged tankers from China, Pakistan, India, Malaysia, Indonesia and a handful of others have been waved through and evidence of others paying a toll in non-dollar currencies is mounting.
