
US-Iran Standoff: Economic Strain and Strategic Calculations
The ongoing tensions between the US and Iran are described as a potential protracted "frozen" conflict, with both sides believing they hold the strategic advantage. This standoff is placing significant strain on Iran's already struggling economy.
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Tehran believes Trump needs a deal; Washington thinks the Islamic Republic cannot survive without one, explains Alain Frachon in his column for Le Monde.
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The Iran war and closure of the Strait of Hormuz have damaged the global economy, but Iran's own economy has been faltering for years.
By Jackie Northam
Read full article →Could the US-Iran war become a protracted ‘frozen’ conflict?
In the absence of a permanent deal, the war between the US and Iran is becoming one of attrition despite huge costs.
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