Iran knows US 'is winning' as Operation Economic Outcast inflicts damage, Treasury official says
24 Articles
24 Articles
The US-Iran War continues to negatively impact the Iranian economy. The US blockade around the Strait of Hormuz has severely crippled Iran's oil exports and caused the country's currency, the rial, to steadily decline.
The purchasing power of Iran's currency is so weak that citizens are seeking to acquire dollars and gold.
Iran's currency is getting obliterated as the regime is about to run out of oil to sell and can’t even get its money from customers
"We can't even get our own money out of a country to which we've supplied goods, let alone using those funds to pay someone else in another corner of the world."
Fox Business
The New York LedgerIran knows US 'is winning' as Operation Economic Outcast inflicts damage, Treasury official says
A top Treasury official told FOX Business that the "absolute isolation" campaign the Treasury is imposing on the Iranian regime has been "really effective."
Flydubai copilot was apparently previously considered a security risk +++ Oil tankers hit off the coast of Oman +++ Saudi Arabia is apparently planning a new offensive against Houthis in Yemen +++ The newsblog.
Iran’s currency crashes as the regime runs out of oil to sell and can’t get its money from customers
With Iran’s economy in free fall, the country’s currency is getting dragged down too and continues to find new depths with the regime facing a major cash crunch soon. The U.S. naval blockade has sent Iran’s oil exports to virtually zero, while its Persian Gulf neighbors have boosted their own shipments under the protection of […]
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