Six Months Into US-Iran Conflict, Regime Endures Amid Economic Strain
As the US-Iran conflict enters its sixth month, American economic pressure has driven Iranian trade down by 35 percent and strained Tehran's economy. Despite these financial setbacks, Iran's government remains in power and US strategic objectives have yet to be achieved.
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Iranian leaders admit economic toll of war with US as trade drops 35%
Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35 per cent due to the American sanctions and blockade. The warnings came even as other leaders threaten the US with military retaliation and declarations that the Iranian navy maintains control of the Strait of Hormuz, the strategic waterway giving Iran leverage through its ability t...
By Reuters
Read full article →Six months in, Iran’s regime stands, US goals remain unmet
It is difficult to see the war as anything other than a failure by the US to bend Iran to its will, with damaging strategic and economic implications for Washington still to play out.
By Steven Erlanger
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