War-battered Iran wary of economic pain, unrest if US tightens pressure
DUBAI — Even as Iran projects resilience in the war with the United States, its leaders are worried that a threat of more economic punishment by Donald Trump could increase hardships, reignite unrest and further erode the Islamic Republic’s legitimacy. The U.S. president vowed on Friday to hit Iran hard economically, a day after Treasury Secretary Scott Bessent said Washington would impose…
DUBAI — Despite projecting strength in its conflict with the United States, Iran's government is apprehensive about the possibility of additional economic repercussions from President Donald Trump. The U.S. president has pledged to inflict significant economic strain on Iran, following Treasury Secretary Steven Mnuchin's announcement that such measures would be implemented as early as the following week.
The nature of these measures has not been disclosed by Washington. Despite Iran's apparent resilience, evident in its persistence during the nearly six-month-long conflict and the closure of the Strait of Hormuz, a crucial global oil supply pathway, domestic pressures could provoke widespread unrest, according to Iranian officials.
These sources, consisting of two political insiders, a former Iranian official, and numerous regular Iranians, spoke to Reuters anonymously, citing concerns over potential retribution or lack of official authorization to speak with the press. Iran entered the war grappling with high inflation and a weakening currency.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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