Iran’s oil exports reportedly fall to zero as war and sanctions deepen economic pressure

Iran’s oil exports reportedly fall to zero as war and sanctions deepen economic pressure

Iran is facing a serious economic challenge as its oil exports have reportedly fallen to zero amid renewed military tensions, international sanctions, and growing restrictions on access to foreign currency. According to remarks attributed to Iran’s Central Bank Governor Abdolnaser Hemmati, the country is no longer exporting oil, creating another major pressure point for an […]

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US shifts Iran war focus to oil prices as Tehran tightens grip on Strait of Hormuz

US shifts Iran war focus to oil prices as Tehran tightens grip on Strait of Hormuz

The focus of the US campaign against Iran appears to be changing. While preventing Iran from developing a nuclear weapon has been repeatedly presented by President Donald Trump as a central reason for the conflict, the immediate priority for Washington now appears to be something much closer to home: bringing down oil and gasoline prices […]

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