Iran News News Iran » Economy: What the U.S. Blockade Means for Iran’s Economy
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
News Iran » Economy: From dropping bombs to pressuring banks: U.S. pivots to economic warfare on Iran
Treasury Secretary Scott Bessent told reporters at a White House briefing that the U.S. plans to ramp up economic pain on Iran, and said the new moves will be the “financial equivalent” of a bombing ...
News Iran » Economy: The economic game of chicken between Iran and the US is about to enter a dangerous new phase
Iran has been winning its economic game of chicken with President Donald Trump. Trump’s extraordinary blockade of the Strait of Hormuz this week shows the United States isn’t backing down just yet.
News Iran » Economy: Here are all the ways the Iran war has affected the U.S. economy so far
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
News Iran » Economy: Iran is holding the world economy hostage. Trump’s truce proves its leverage
President Donald Trump has cast a fragile two-week ceasefire between the United States and Iran as a “total and complete victory.” But the terms of the truce highlight how Iran has used control of the ...
News Iran » Economy: US Optimistic of Deal With Iran as It Increases Economic Pressure
The war has led Iran to effectively shut the Strait of Hormuz - a vital artery for global crude and gas shipments - to ships other than its own, sharply reducing exports from the Gulf and leaving ...
News Iran » Economy: Iran’s economy could collapse within three months under naval blockade, experts warn
An expert on Iran's military noted that Iranian authorities have previously declared that if they are denied access to their ports, they will prevent other countries in the region from using theirs.