The new economic arms race
Modern warfare is increasingly involving economic choke points, as demonstrated by Iran's weaponization of the Strait of Hormuz. Author Edward Fishman explains that the U.S. pioneered a form of economic warfare decades ago, prompting other nations to develop similar strategies. This shift has led to a new global economic arms race centered on controlling critical supply routes and financial systems.
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The Indicator from Planet Money NPR The Indicator from Planet Money LISTEN & FOLLOW NPR App Apple Podcasts Spotify Amazon Music iHeart Radio YouTube Music RSS link The new economic arms race April 29, 20263:00 AM ET By Adrian Ma , Julia Ritchey , Corey Bridges , Kate Concannon The new economic arms race Listen · 9:20 9:20 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/nx-s1-5803494/nx-s1-mx-5803494-1" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> USS Abraham Lincoln (CVN 72) conducts U.S. blockade operations related to the Strait of Hormuz on April 16, 2026 in the Arabian Sea. U.S. Navy/Getty Images hide caption toggle caption U.S.
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