Who Breaks First? Iran and US Locked in a Brutal Economic War of Attrition
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4 Articles
Al Bawaba
albawaba.netWho breaks first? Iran and US locked in a brutal economic war of attrition
ALBAWABA - Washington is trying to choke off the financial networks Tehran has spent decades creating to survive sanctions, and that is putting Iran in a deepening economic war that raises questions about how long its so-called “shadow economy” can resist rising pressure...
The US strategy towards Iran, after failing to achieve a quick military victory, has shifted from direct attacks to a war of attrition, economic pressure and a possible blockade. Washington’s apparent goal is to force Tehran to negotiate and accept broader restrictions. However, Iran’s ability to withstand sanctions, its ability to use leverage such as the Strait of Hormuz to attack US interests, the lack of support from some powers and the incr…
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