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2026-08-10T07:05:00.000Z

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Iran, economy, crisis warned

Iran, economy, crisis warned

The article discusses the challenges faced by U.S. President Donald Trump ahead of the midterm elections. It highlights that he is under two main pressures: the first concerns Iran escalating political pressure through its actions in the Strait of Hormuz, which threatens to intensify the economic and political conflict just before the elections—especially with Iran's demands for the lifting of sanctions and an end to the maritime blockade, at a time when oil prices are declining and the U.S. economy is being affected. The second relates to domestic issues, where rising energy prices and weakening economic data are worsening voters' perceptions of the economy, amid poor employment reports and delays in passing important legislation. Additionally, Trump faces challenges in managing international relations, especially with Israel's rejection of the Hamas disarmament plan, and there was an economic loss of over 23,000 U.S. jobs in July, further increasing pressure on his re-election campaign—amid expectations that the election dynamics may not work in his favor.

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