"Esfandiary, of Bloomberg Economics, said Iran “theoretically knew” it had leverage over the strait but was uncertain how significant the impact would be if it acted on those threats.
Now, she added, Tehran “has discovered the impact.”
The thing that mystifies me is that U. S. war planners "theoretically knew" this, too; at least, I would assume. The whole war strikes me as the current administration finding out the hard way why previous administrations all the way back to Reagan didn't commit to warfare against Iran, even if they wanted to. "FAFO", as the kids say, I guess.
OTOH, I do have theory floating around in my head that someone got one of the letters wrong and confused Iran with Iraq: "we kicked their ass before, we'll do it again!"
"Uh, different and much better-armed country, sir."
Or, as has been famously said, "Don't confuse me with the facts." [0]