13 Hrs
Source:
المشهد
Iran risked all for Hormuz control
A report reveals that the Iranian regime is risking everything to gain control of the Strait of Hormuz, a vital corridor for global oil shipments. This move appears aimed at pressuring the United States and Israel and avoiding potential military action. Tehran is betting that controlling the strait will force President Trump to accept Tehran’s terms before the midterm elections, by raising gasoline prices and inflation, thereby weakening the American economy. However, there are divisions within the Iranian government regarding this strategy, as there are concerns it could lead to greater isolation and worsen economic crises. The International Monetary Fund projects that Iran’s economy could shrink by 6% in 2026, with inflation reaching 69%. While oil flows through the Gulf have decreased by 36% due to the Iranian blockade, prices have not surpassed $80 per barrel, which lessens the economic damage to Washington and bolsters Gulf countries’ efforts to find alternative ways to transport oil.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)