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The Economic Times

Entertainment / The Economic Times

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Iran's Hormuz leverage wanes as US economic squeeze bites

Washington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Iran's oil exports and currency access. Iranian insiders acknowledge the increasing difficulty of withstanding these unprecedented economic pressures. Officials hope these strains will lead to political consequences and regime change within Iran. However, Iran's resilience and a wartime mentality may prolong the impasse.

6 Sep 2026 6:32 pm