Economic Blockade Costs Iran $400 Million Daily
The Islamic Revolutionary Guard Corps stated that the Iranian economy could require approximately 12 years to recover. This follows reports of power outages, layoffs, and internet blackouts that have increased the cost of living. The statement comes amid discussions regarding Donald Trump's comments on hydrocarbon production storage. The economic situation in Iran is described as gray and foggy, making forecasts difficult. Analysts questioned whether Iran, the American economy, or political ratings would break first amidst global instability. Both parties are attempting to force the other into submission through retaliatory measures. This development follows discussions regarding the potential postponement of nuclear negotiations requested by Iran. The source notes that while the US initiated the conflict, Iran will determine its conclusion.
Topics
Developing
- 863d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 863d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 863d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 863d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
“l'économie iranienne, d'ailleurs c'est la déclaration des gardiens de la révolution, eux-mêmes, devra à peu près compter 12 ans pour se remettre.”
“the situation is so gray, so foggy, that it is practically impossible to make a forecast. The question is, who will break first?”
“Bana göre İran ya teklif etti ben... hürmüzü açabilirim dedi. Karşılığında da bir şeyler olmalı dedi. Ve dikkat edin nükleer ondan sonra geri plana düştü.”
“How can Iran read this statement from US President Donald Trump as being collapsed and in a state of collapse and that it wants to open the Strait of Hormuz?”
“the conflict between the United States and Iran has turned into an economic confrontation where each side seeks to force the other to surrender through retaliatory measures.”
“the conflict between the United States and Iran has turned into an economic confrontation where each party seeks to force the other to surrender through retaliatory measures.”
“gasoline prices have risen to their highest level in four years as peace talks between the U.S. and Iran have stalled. The average cost of gasoline, the regular cost, regular gasoline rather, is $4.18”
“موصلة الحصار الاقتصادي على الموانئ الإيرانية وهم يخسرون بذلك أكثر من 400 مليون دولار يوميا”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade