Ray Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By
Eva Roytburg Fellow, News
March 17, 2026, 6:11 AM ET

Ray
Dalio compared a potential U.S. failure at Hormuz to Britain’s
humiliation during the 1956 Suez Crisis, a moment widely regarded by
historians as the end of the British Empire’s global imperialism.
Image credit: Dia Dipasupil
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