24 Hrs
Source:
الاقتصادية
Iran worries more about Pesent than Hegeseth
The article focuses on the attempt by U.S. President Donald Trump's administration to use "economic anger" to increase pressure on Iran and induce changes in its behavior, despite previous military operations failing to achieve their main objectives, such as reopening the Strait of Hormuz. Since 2018, the United States has implemented a broad campaign of sanctions comprising hundreds of measures, including around 350 actions under the "Economic Rage" campaign, aimed at weakening the Iranian economy and obstructing resources for its nuclear program and oil industry. However, these sanctions have so far not led to significant political changes or a reversal of Iran’s programs, as inflation has soared to over 80%, and the economy faces an estimated contraction of 5.4% this year, with between 2 and 3 million jobs lost. American officials are counting on escalating pressure by targeting Iran’s largest oil buyers, such as China and India, to reduce Tehran’s oil revenues, even though this may face diplomatic and political resistance. Iran is taking counter-economic measures, such as cutting electricity and imposing restrictions on factories, and relies on a supported exchange rate to enable the import of essential goods, in an attempt to mitigate the impacts of economic sanctions.
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