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A blockade is also considered an act of war, you are correct. But it's up to the one bearing the weight and discomfort of economic warfare to decide when they've had enough, and reciprocate. Cause and effect. You can tell Russia and Iran that they aren't suffering enough under the economic oppression of your sanctions to have a legitimate cause to strike at you, but what would that mean?
Legal or illegal war as they say- does not change anything- just how it is.