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The new economic arms race | The Indicator

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April 29, 2026

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Iran’s weaponization of the Strait of Hormuz is the perfect example of how modern warfare is increasingly waged, not only with drones and bombs, but also through the weaponization of economic choke points.

Today on the show, we talk to author Edward Fishman, who says the U.S. innovated a new kind of economic warfare a couple of decades ago, and that has sparked a new economic arms race.

Edward Fishman’s book is “ChokepointsAmerican Power in the Age of Economic Warfare () ”.

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Guests & Subjects Covered

Edward FishmanEdward FishmansChokepoints American PowerEconomic WarfareThe IndicatorUS LookPersian GulfPlanet Money

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