What are Iran's options to escalate further in face of US economic threats?
U.S. threats to impose "the toughest sanctions in history" to force Iran to buckle to its demands after nearly six months of war have raised the prospect of a new round of escalation in the Gulf. How could Iran respond to the economic pressure? Can Iran stop more oil getting out of the Middle East? Mohsen Rezaei, the former Revolutionary Guards chief and secretary of Iran's Supreme National…
Iran faces severe economic threats from the United States, with the prospect of historic sanctions to force Tehran to comply. This has raised concerns about the potential for further escalation in the Gulf region. Former Revolutionary Guards chief and Supreme National Security Council secretary Mohsen Rezaei has warned that Iran may shut down all oil exports, a primary strategic move since the war began on February 28.
He stated that no oil will be exported, neither through the Strait of Hormuz nor from any part of the Persian Gulf if the economic war persists. Iranian attacks and threats against shipping have already significantly reduced traffic through the Strait of Hormuz, a waterway that previously accounted for about a fifth of global energy.
While some oil tankers have managed to pass through the strait recently, volumes remain minimal. On Sunday, Iran added 45 tankers to its blacklist, accusing them of not adhering to the rules it seeks to enforce.
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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- What are Iran's options to escalate further in face of US economic threats? - explainer jpost.com
- What are Iran's options to escalate further in face of US economic threats? koreatimes.co.kr
- Explainer-What are Iran's options to escalate further in face of US economic threats? al-monitor.com
- Trump claims Iran ‘collapsing’ as U.S. threatens ‘economic D-Day’ torontosun.com
