Reuters: The deadlock leaves the world’s biggest economy and a major oil power locked in a confrontation that has already pushed energy prices to multi-year highs, stoked inflation and darkened global growth prospects.
Iranian President Masoud Pezeshkian told Pakistani Prime Minister Shehbaz Sharif by phone that Tehran would not enter “imposed negotiations” under threats or blockade, according to a statement from the Iranian government…
Iran is suffering in a stand off with the US – but may be betting Trump will blink first
Yet unless Washington is prepared to impose its naval blockade for months longer, it will be difficult to completely dismantle an Iranian economy that has spent years adapting to US pressure and crippling sanctions…
See How the Energy Crisis Is Spreading Across the World
In a war between oil exporters, those dependent on energy imports find themselves at the forefront of a global crisis…
On Iran’s Border, Cooking Oil Trade Is a Snapshot of the Country’s Struggles
The war has exacerbated Iran’s economic crisis, forcing many to cross the border into Turkey to buy the most basic goods…
Iran’s Meme War Against Trump Ushers In a Future of ‘Slopaganda’
“They have taken a regime that is, I mean, brutal and pretty awful and didn’t have exactly a great global reputation and turned them into kind of a plucky, fun underdog.”…
Trump Seeks to Abolish Iran’s Atomic Stockpile, a Problem He Helped Create
President Trump withdrew from the Obama-era nuclear accord in 2018, saying it was the worst deal ever. But Iran responded with an enrichment spree that haunts the negotiations to this day…