Oil-exports

Will Iran’s retaliation also target countries that have joined the US in an economic war? Iran has warned that it will take retaliatory measures against any country that joins the United States’ “economic war.” Diplomatic efforts to end the war that has continued for several months have stalled. Meanwhile, shipping traffic through the Strait of Hormuz has also declined significantly. Iran’s top security official Mohsen Rezaei issued the warning on Saturday. At the same time, the United...

Iran and the United States reached an agreement to halt the fighting that had continued since February. The agreement expires today. But hopes of an end to the fighting remain distant. The war has continued intermittently in different forms. Threats and counterthreats are also continuing unabated. Aggressive statements are being heard from leaders of both countries. Neither side appears interested in extending the agreement. Iranian Foreign Minister Abbas Araghchi said last Saturday that Tehran...