Iran’s goal is to maintain chokehold on global economy even as some say it could run out of oil storage by SundayMiddle East crisis – live updatesDonald Trump’s indefinite shelving of the plan to bomb Iran’s bridges and power station on Tuesday night is being widely described as leaving the conflict in limbo, but that is anything but the truth.Pakistan insists the prospect of talks in Islamabad has not evaporated, and positive messages are still being exchanged, but in the meantime the site of kinetic activity has switched from land to sea. Both sides are vying to prove they can enforce their blockade of the strait of Hormuz more effectively than the other. It has become a form of gunboat diplomacy brought to life in the most significant geopolitical waterway in the world. Continue reading…