“It is a significant escalation, and this is pure economic warfare. The U.S.’s goal is to create as much pain as they can to force Iran to come back to the table and make a deal.”
Global Guardian Vice President of Client Risk Management Seth Krummrich joined ABC News to assess the strategic use of economic pressure amid escalating tensions in the Middle East, including the implications of a naval blockade and continued disruption in the Strait of Hormuz.
During the interview, Krummrich warned that the impact extends well beyond the Gulf, emphasizing that energy disruption and economic pressure are already creating global risk for organizations operating across multiple regions.
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