China’s Iran Blockade Move Could Decide Everything

China’s Iran Blockade Move Could Decide Everything

At 10 am EST today, the U.S. Navy began enforcing a blockade of all maritime traffic entering and departing Iranian ports. The announced purpose is simple enough: deny Tehran the revenue it has been extracting from a Strait it has controlled since February 28. That is the Iran story. There is another story running underneath it. Follow the money — specifically, the yuan — and the blockade’s real strategic audience emerges. It isn’t Tehran. It’s …