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Iranian leaders admit economic toll of war with US as trade drops 35%
Power & DiplomacySouth China Morning Post29 Aug, 09:15 amAtlasHour
Power & Diplomacy

Iranian leaders admit economic toll of war with US as trade drops 35%

Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35 per cent due to the American sanctions and blockade. The warnings came even as other leaders threaten the US with military retaliation and declarations that the Iranian navy maintains control of the Strait of Hormuz, the strategic waterway giving Iran ‌leverage through its ability to...

By AtlasHour DeskPublished 29 Aug, 09:15 am1 min read
Source-linkedAtlasHour DeskSouth China Morning Post29 Aug, 09:15 am

What happened

Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35 per cent due to the American sanctions and blockade.

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