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The Economic Times

Top News / The Economic Times

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Iran to tackle economic issues, says further attacks will be 'more painful'

In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short lull, tit-for-tat military actions have reignited, further heightening regional tensions. The country's economy grapples with hurdles such as oil export restrictions and global financial seclusion. Reports indicate that despite suffering multiple attacks, Kharg Island remains operational. Both nations continue to exchange threats, perpetuating a precarious and ongoing conflict.

6 Sep 2026 5:49 pm