Top economist Steve Hanke says Iran is channeling Muhammad Ali — and could deal a 'knockout blow' to the US

Steve Hanke. Steve Hanke Steve Hanke says Iran could use economic warfare to outlast the US and win the conflict. The veteran economist compared Iran's approach to Muhammad Ali's famous "rope-a-dope" strategy. Oil and gas prices spiked on Thursday after an Iranian attack on a key LNG export plant in Qatar. Steve Hanke says Iran is pulling from Muhammad Ali's playbook — and could deal a "knockout blow" to the US. "With its control of the Strait of Hormuz, that's what Iran is capable of doing...