Iran acknowledges the economic strain from the U.S. military blockade on its oil exports, which threatens its crucial revenue sources and prompts the country to consider a peace deal to alleviate the pressure. #Iran #OilExports #EconomicSanctions #IR #US #IL
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Iran's Oil Sector and Economy Are Under Pressure as U.S. Blockade Bites
Tehran says it can endure the pain, but its oil may soon have nowhere to go.
Iran struck a defiant tone on Wednesday as President Trump pressed for a deal to end the war, but also acknowledged that its economy is being squeezed.