In its 40-year struggle with the United States, Iran has never been under any illusion about the strength of a foe it has imbued with supernatural powers. 

Knowing that it has neither the military nor the financial firepower to fend off “the Great Satan”, Iran’s Islamic regime has instead sought to compete on what strategists call “asymmetric” terms.

This strategy has included arming militias willing to fight guerrilla wars again US allies, from Hamas in Gaza to the Houthis in Yemen, and working, partly covertly, on a programme Washington believed was designed to build a nuclear bomb.

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The Strait of Hormuz, separating the Persian Gulf from the Gulf of Oman and the Indian Ocean beyond, is potentially…

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