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Iran faces wealth restrictions amid global navigation issues
The article addresses the escalation between the United States and Iran, where Washington continues to impose strict financial restrictions aimed at drying up Tehran's resources, nearing the depletion of Iran's commercial reserves after seven months of sanctions. U.S. measures include banning Iranian bank branches abroad and reducing Iran's access to the international financial system, with the rial reaching its lowest ever value against the dollar, surpassing 250,000 tomans. The American plan also involves disrupting Iranian banking operations abroad, particularly in the UAE, Turkey, and the UK. Meanwhile, Iran is attempting to maintain its stance through the "Seven Days Plan" to open the Strait of Hormuz and is engaging in indirect talks with the United States. Additionally, the Strait has witnessed attacks on ships during transit amidst almost complete closure of the waterway and continued blockade of Iranian ports by Washington. This reflects a military and economic escalation that threatens global oil supplies, as the region awaits developments in Iranian-American negotiations.
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