How Foreign Policy Became Portfolio Management

This story raises questions about governance, accountability, and American values.

Source: Modern Diplomacy
1 min read
How Foreign Policy Became Portfolio Management
Image via Modern Diplomacy

On 27 May the United States Treasury placed the Persian Gulf Strait Authority on its sanctions list, the body Iran had set up three weeks earlier to charge ships for passing through the Strait of Hormuz.

The designation meant that any vessel paying the Iranian toll, reported at up to two million dollars and settled [...] The post How Foreign Policy Became Portfolio Management appeared first on Modern Diplomacy .

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