"The US has spent decades trying to squeeze Iran economically, and six weeks into the Middle East conflict, Tehran is still standing despite the pressure."
"US and Israeli attacks on infrastructure, industry, and trade have damaged Iran's sanctioned economy even further, yet oil revenues have kept flowing."
"The Strait of Hormuz is now at the center of this economic battle; whoever controls it controls the pressure in the region."
"Millions of Iranians are bearing the brunt of inflation, shortages, and a collapsing currency, illustrating the war's toll on the populace."
The Iran war has exacerbated the challenges faced by its already sanctions-hit economy. Despite US and Israeli attacks on its infrastructure and trade, Iran's oil revenues continue to flow, offering a financial cushion. Control of the Strait of Hormuz has become crucial in this economic struggle, influencing negotiations over sanctions relief and frozen assets. However, the Iranian population suffers from severe inflation, shortages, and a declining currency, highlighting the war's impact on everyday life.
Read at www.aljazeera.com
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