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Global Business News

The Economic Times

Global Business / The Economic Times

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Iran's leaders believe a victory is within reach, and that time is on their side

Iran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy prices favor its strategy. Iran's leaders feel their victory is at hand without epic patience. This strategy carries significant risks for Iran's battered economy and internal stability. However, Iran's effective control of the strait has given it significant leverage.

8 Aug 2026 10:09 am