Every side is talking about how the Iran war ends. Almost everything they are doing suggests they are preparing for it to continue. President Donald Trump says the fighting could end “immediately after” America's November midterm elections. Israeli Prime Minister Benjamin Netanyahu says Iran and its regional axis are approaching collapse.&nbsp;Yet the battlefield is sending a very different message.&nbsp;Iran is still resisting. The Houthis remain capable of opening another front of pressure around vital shipping routes. Hezbollah, while badly weakened, has not disappeared. And Washington is now warning Tehran over reported activity at Pickaxe Mountain, raising the possibility of another major strike even as Trump predicts the conflict is approaching its conclusion.&nbsp;The contradiction is becoming increasingly difficult to ignore.&nbsp;Netanyahu has offered one of the most confident assessments yet of where the war is heading, declaring that defeating the Iranian regime is now within reach and predicting that Tehran's wider axis will ultimately collapse.&nbsp;There is evidence behind some of Israel's confidence.&nbsp;Hamas has been severely degraded after years of war. Hezbollah has been battered militarily and politically. Iran's regional network has suffered blows that would have seemed extraordinary only a few years ago.&nbsp;But weakened is not the same as defeated.&nbsp;Hezbollah retains military capabilities. The Houthis remain capable of threatening Saudi Arabia and maritime traffic around one of the world's most important shipping corridors. Recent attacks have again demonstrated how quickly instability can spread beyond the immediate US Iran battlefield.The axis may be damaged. Declaring it dead is another matter.&nbsp;Trump, meanwhile, has attached an extraordinary political timetable to the conflict.&nbsp;He says the war could end immediately after the November midterms, arguing that Tehran is desperately attempting to hold out long enough to influence the American election.&nbsp;That assertion inevitably raises another question: why should the military endurance of Iran suddenly expire when Americans finish voting?&nbsp;The timing matters because the war is no longer only a foreign policy problem for the White House. Disruption across the Gulf has helped drive energy prices higher, increasing economic and political pressure at home as Republicans fight to retain control of Congress.&nbsp;Trump is therefore selling two messages simultaneously: America is winning, and Americans will not have to endure the consequences for much longer.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/15-000-police-200-paramilitary-companies-deployed-routes-secured-hotels-fortified-as-delhi-gears-up-for-brics-summit-1789056700020">15,000 police, 200 paramilitary companies deployed, routes secured, hotels fortified as Delhi gears up for BRICS Summit</a>&nbsp;But his own threats complicate that promise.&nbsp;Attention is now turning to Pickaxe Mountain, near Iran's damaged Natanz nuclear complex.Trump has warned Tehran against further activity there, threatening a powerful American response if Iran crosses Washington's line.&nbsp;It is a remarkable juxtaposition.&nbsp;One moment, the president predicts that Iran can barely hold out beyond November. The next, he is publicly contemplating another significant military strike.&nbsp;The language of conclusion is colliding with the mechanics of escalation. Iran, meanwhile, is hardly speaking like a government preparing to surrender.&nbsp;Tehran has attached sweeping conditions to ending the conflict, including demands involving Lebanon, Yemen, frozen Iranian assets and non interference in its nuclear and missile programmes.&nbsp;Several are unacceptable to Israel and Washington in their present form. That leaves diplomacy theoretically possible, but politically and strategically distant.&nbsp;And then there is the timeline reportedly being discussed behind closed doors in Washington.&nbsp;The Wall Street Journal reports that senior Trump advisers, including Vice President JD Vance and Secretary of State Marco Rubio, have discussed with the president the possibility that Tehran could withstand American pressure far longer than publicly suggested, potentially stretching the conflict through the remainder of Trump's presidency.&nbsp;That means Washington may effectively be operating with two clocks.&nbsp;The public clock runs to November.&nbsp;The strategic clock could run to January 2029.&nbsp;Perhaps neither prediction will prove correct. Wars have an unpleasant habit of destroying the timetables politicians construct for them.&nbsp;But the widening gulf between rhetoric and reality matters.&nbsp;Netanyahu says Iran's axis is approaching collapse. Trump says Tehran cannot hold out much longer. Yet Iranian resistance continues, regional actors remain active, shipping routes remain vulnerable, and Washington is threatening another target buried beneath an Iranian mountain.&nbsp;Six months into this conflict, perhaps the most revealing question is no longer who says they are winning.&nbsp;It is this:&nbsp;If Iran is close to defeat, its axis close to collapse and the war close to ending, why does everyone appear to be preparing for what comes next?

Despite Donald Trump and Benjamin Netanyahu predicting Iran's defeat and the war's end, continued Iranian resistance, regional attacks and threats of further US strikes suggest the conflict could continue well beyond the November midterms.

Every side is talking about how the Iran war ends. Almost everything they are doing suggests they are preparing for it to continue. President Donald Trump says the fighting could end “immediately after” America's November midterm elections. Israeli Prime Minister Benjamin Netanyahu says Iran and its regional axis are approaching collapse. Yet the battlefield is sending a very different message. Iran is still resisting. The Houthis remain capable of opening another front of pressure around vital shipping routes. Hezbollah, while badly weakened, has not disappeared. And Washington is now warning Tehran over reported activity at Pickaxe Mountain, raising the possibility of another major strike even as Trump predicts the conflict is approaching its conclusion. The contradiction is becoming increasingly difficult to ignore. Netanyahu has offered one of the most confident assessments yet of where the war is heading, declaring that defeating the Iranian regime is now within reach and predicting that Tehran's wider axis will ultimately collapse. There is evidence behind some of Israel's confidence. Hamas has been severely degraded after years of war. Hezbollah has been battered militarily and politically. Iran's regional network has suffered blows that would have seemed extraordinary only a few years ago. But weakened is not the same as defeated. Hezbollah retains military capabilities. The Houthis remain capable of threatening Saudi Arabia and maritime traffic around one of the world's most important shipping corridors. Recent attacks have again demonstrated how quickly instability can spread beyond the immediate US Iran battlefield. The axis may be damaged. Declaring it dead is another matter. Trump, meanwhile, has attached an extraordinary political timetable to the conflict. He says the war could end immediately after the November midterms, arguing that Tehran is desperately attempting to hold out long enough to influence the American election. That assertion inevitably raises another question: why should the military endurance of Iran suddenly expire when Americans finish voting? The timing matters because the war is no longer only a foreign policy problem for the White House. Disruption across the Gulf has helped drive energy prices higher, increasing economic and political pressure at home as Republicans fight to retain control of Congress. Trump is therefore selling two messages simultaneously: America is winning, and Americans will not have to endure the consequences for much longer. Also Read: 15,000 police, 200 paramilitary companies deployed, routes secured, hotels fortified as Delhi gears up for BRICS Summit But his own threats complicate that promise. Attention is now turning to Pickaxe Mountain, near Iran's damaged Natanz nuclear complex. Trump has warned Tehran against further activity there, threatening a powerful American response if Iran crosses Washington's line. It is a remarkable juxtaposition. One moment, the president predicts that Iran can barely hold out beyond November. The next, he is publicly contemplating another significant military strike. The language of conclusion is colliding with the mechanics of escalation. Iran, meanwhile, is hardly speaking like a government preparing to surrender. Tehran has attached sweeping conditions to ending the conflict, including demands involving Lebanon, Yemen, frozen Iranian assets and non interference in its nuclear and missile programmes. Several are unacceptable to Israel and Washington in their present form. That leaves diplomacy theoretically possible, but politically and strategically distant. And then there is the timeline reportedly being discussed behind closed doors in Washington. The Wall Street Journal reports that senior Trump advisers, including Vice President JD Vance and Secretary of State Marco Rubio, have discussed with the president the possibility that Tehran could withstand American pressure far longer than publicly suggested, potentially stretching the conflict through the remainder of Trump's presidency. That means Washington may effectively be operating with two clocks. The public clock runs to November. The strategic clock could run to January 2029. Perhaps neither prediction will prove correct. Wars have an unpleasant habit of destroying the timetables politicians construct for them. But the widening gulf between rhetoric and reality matters. Netanyahu says Iran's axis is approaching collapse. Trump says Tehran cannot hold out much longer. Yet Iranian resistance continues, regional actors remain active, shipping routes remain vulnerable, and Washington is threatening another target buried beneath an Iranian mountain. Six months into this conflict, perhaps the most revealing question is no longer who says they are winning. It is this: If Iran is close to defeat, its axis close to collapse and the war close to ending, why does everyone appear to be preparing for what comes next?

Despite Donald Trump and Benjamin Netanyahu predicting Iran's defeat and the war's end, continued Iranian resistance, regional attacks and threats of further US strikes suggest the conflict could continue well beyond the November midterms.

Words of victory, plans for war: The dangerous contradiction over Iran | Race to Power

Iran is facing fresh US sanctions aimed at putting more pressure on its already strained economy. In the southern port city of Bandar Abbas, shopkeepers say the impact is being felt directly through higher exchange rates, rising costs and pressure on everyday livelihoods.But Tehran says it can withstand the pressure, and is counting on major trading partners such as China and Russia to keep doing business with Iran. At the same time, the Strait of Hormuz remains at the centre of the crisis, disrupting a vital global shipping route.For Iranian consumers, the sanctions story is ultimately about something much closer to home, the cost of living. Shopkeepers in Bandar Abbas say the fall in the value of the Iranian currency and restrictions on trade are making imported goods more expensive and putting pressure on household budgets.Qasem Shoja, a home appliance salesperson, said, "Under any circumstances, sanctions do inflict blows. The rise in the exchange rate affects life and livelihood, but ultimately, we are Iranians, and Iranians know how to bypass sanctions well."The latest US measures were announced on August 24 by Treasury Secretary Scott Bessent. Washington says countries that continue trading with Iran could eventually risk losing access to the dollar-based financial system.But the new measures stopped short of the most severe options, and the US has not given a timeline or named countries that could be targeted.For businesses in Iran, that uncertainty matters. Importers face higher costs, while retailers have to decide how much of that increase can be passed on to customers already dealing with economic pressure.Omid Baghapour Darayaee, a clothing store owner, said, "In the way that we are under pressure, we are 100% distressed. The youth have many grievances against the officials who, really, really in my opinion, they are traitors. Why? Because they truly do not attend to the people's suffering. To me, being a responsible official means that the person should not rest. They should have iron shoes on their feet and be in the middle of the field, alongside the people."Iran, meanwhile, says sanctions will not force it into isolation. Officials have expressed confidence that major trading partners will resist Washington’s pressure, while shopkeepers say Iranians have learned to work around sanctions.And there is another major economic pressure point: the Strait of Hormuz. Most shipping through the Strait has been disrupted during the conflict.Iran and Oman said Tuesday they had discussed a joint temporary navigation corridor and a plan to clear mines from the Strait.Qasem Shoja also said, "The Strait of Hormuz is our home. It must remain closed unless we permit it, unless it is with our cooperation. We are the ones who, throughout these many years, have demonstrated Islamic clemency to the world and they took their oil for free, they took their goods; now they must interact with us."So, while the sanctions are designed as a tool of economic pressure on Tehran, their effects are also being felt by ordinary businesses and consumers, through currency volatility, trade disruptions and the rising cost of goods. And with Hormuz carrying such a large share of global energy shipments, what happens next could extend well beyond Iran’s borders.

For businesses in Iran, that uncertainty matters. Importers face higher costs, while retailers have to decide how much of that increase can be passed on to customers already dealing with economic pressure.

Iran is facing fresh US sanctions aimed at putting more pressure on its already strained economy. In the southern port city of Bandar Abbas, shopkeepers say the impact is being felt directly through higher exchange rates, rising costs and pressure on everyday livelihoods. But Tehran says it can withstand the pressure, and is counting on major trading partners such as China and Russia to keep doing business with Iran. At the same time, the Strait of Hormuz remains at the centre of the crisis, disrupting a vital global shipping route. For Iranian consumers, the sanctions story is ultimately about something much closer to home, the cost of living. Shopkeepers in Bandar Abbas say the fall in the value of the Iranian currency and restrictions on trade are making imported goods more expensive and putting pressure on household budgets. Qasem Shoja, a home appliance salesperson, said, "Under any circumstances, sanctions do inflict blows. The rise in the exchange rate affects life and livelihood, but ultimately, we are Iranians, and Iranians know how to bypass sanctions well." The latest US measures were announced on August 24 by Treasury Secretary Scott Bessent. Washington says countries that continue trading with Iran could eventually risk losing access to the dollar-based financial system. But the new measures stopped short of the most severe options, and the US has not given a timeline or named countries that could be targeted. For businesses in Iran, that uncertainty matters. Importers face higher costs, while retailers have to decide how much of that increase can be passed on to customers already dealing with economic pressure. Omid Baghapour Darayaee, a clothing store owner, said, "In the way that we are under pressure, we are 100% distressed. The youth have many grievances against the officials who, really, really in my opinion, they are traitors. Why? Because they truly do not attend to the people's suffering. To me, being a responsible official means that the person should not rest. They should have iron shoes on their feet and be in the middle of the field, alongside the people." Iran, meanwhile, says sanctions will not force it into isolation. Officials have expressed confidence that major trading partners will resist Washington’s pressure, while shopkeepers say Iranians have learned to work around sanctions. And there is another major economic pressure point: the Strait of Hormuz. Most shipping through the Strait has been disrupted during the conflict. Iran and Oman said Tuesday they had discussed a joint temporary navigation corridor and a plan to clear mines from the Strait. Qasem Shoja also said, "The Strait of Hormuz is our home. It must remain closed unless we permit it, unless it is with our cooperation. We are the ones who, throughout these many years, have demonstrated Islamic clemency to the world and they took their oil for free, they took their goods; now they must interact with us." So, while the sanctions are designed as a tool of economic pressure on Tehran, their effects are also being felt by ordinary businesses and consumers, through currency volatility, trade disruptions and the rising cost of goods. And with Hormuz carrying such a large share of global energy shipments, what happens next could extend well beyond Iran’s borders.

For businesses in Iran, that uncertainty matters. Importers face higher costs, while retailers have to decide how much of that increase can be passed on to customers already dealing with economic pressure.

Iran feels the heat of fresh sanctions, Tehran says can withstand pressure

The US-Israeli war against Iran is entering its seventh month, with no peace agreement in sight. Israeli Prime Minister Benjamin Netanyahu has ruled out any diplomatic solution with what he called the "savages" ruling the Islamic Republic.&nbsp;Netanyahu also backed US President Donald Trump's latest campaign of economic pressure against Tehran. Speaking at an event at an Israeli settlement in the occupied West Bank on Tuesday, Netanyahu said he had discussed the possibility of diplomacy with Iran during a recent meeting with Trump.&nbsp;"I doubt, however, that an agreement can be reached with that group there, with those savages."I tell you -- an agreement cannot be reached," Netanyahu said.&nbsp;Netanyahu has remained sceptical of diplomatic efforts with Iran for years. He openly opposed the 2015 nuclear deal negotiated under former US president Barack Obama. However, he had avoided publicly criticising Trump while the US president pursued a negotiated settlement with Tehran.&nbsp;Trump joined Netanyahu in a US-Israeli attack on Iran in late February. He later agreed to a ceasefire in April after widespread opposition to the war in the United States. The conflict had also pushed oil prices higher.&nbsp;Trump on Monday announced what he called "economic D-Day", with the aim of destroying Iran's economy. Iran has already faced years of sanctions, while Trump has shown reluctance to return to a full-scale war despite growing frustration over Tehran's refusal to accept his demands.&nbsp;Also Read: <a href="https://www.wionews.com/world/15-newborns-killed-after-fire-breaks-out-in-pakistan-hospital-1787724990542">Islamabad’s District Magistrate launches probe after hospital fire kills 15 newborns, to submit report in 24 hours</a><h3>Netanyahu backs Trump's economic pressure</h3>Netanyahu welcomed Trump's latest economic pressure campaign and said he had previously discussed the approach with the US president. He described it as a "third option" and praised Trump for pursuing it "in a very, very, very strong way".&nbsp;"What President Trump did yesterday was to tighten the siege on Iran not only by tightening the siege on Iran itself, but by tightening the siege on those who aid this regime, this terrible dictatorship. This is a very important step," Netanyahu said at the event in the occupied West Bank.&nbsp;The Israeli prime minister has for years pushed for a US attack on Iran. Tehran's Shia cleric-run government supports armed groups including Hezbollah and Hamas. Hamas carried out the devastating October 7, 2023 attack on Israel.

Netanyahu ruled out the possibility of a diplomatic agreement with Iran, while backing Trump’s intensified economic pressure campaign and describing the move as a key step to tighten pressure on Tehran.

The US-Israeli war against Iran is entering its seventh month, with no peace agreement in sight. Israeli Prime Minister Benjamin Netanyahu has ruled out any diplomatic solution with what he called the "savages" ruling the Islamic Republic. Netanyahu also backed US President Donald Trump's latest campaign of economic pressure against Tehran. Speaking at an event at an Israeli settlement in the occupied West Bank on Tuesday, Netanyahu said he had discussed the possibility of diplomacy with Iran during a recent meeting with Trump. "I doubt, however, that an agreement can be reached with that group there, with those savages. "I tell you -- an agreement cannot be reached," Netanyahu said. Netanyahu has remained sceptical of diplomatic efforts with Iran for years. He openly opposed the 2015 nuclear deal negotiated under former US president Barack Obama. However, he had avoided publicly criticising Trump while the US president pursued a negotiated settlement with Tehran. Trump joined Netanyahu in a US-Israeli attack on Iran in late February. He later agreed to a ceasefire in April after widespread opposition to the war in the United States. The conflict had also pushed oil prices higher. Trump on Monday announced what he called "economic D-Day", with the aim of destroying Iran's economy. Iran has already faced years of sanctions, while Trump has shown reluctance to return to a full-scale war despite growing frustration over Tehran's refusal to accept his demands. Also Read: Islamabad’s District Magistrate launches probe after hospital fire kills 15 newborns, to submit report in 24 hours Netanyahu backs Trump's economic pressure Netanyahu welcomed Trump's latest economic pressure campaign and said he had previously discussed the approach with the US president. He described it as a "third option" and praised Trump for pursuing it "in a very, very, very strong way". "What President Trump did yesterday was to tighten the siege on Iran not only by tightening the siege on Iran itself, but by tightening the siege on those who aid this regime, this terrible dictatorship. This is a very important step," Netanyahu said at the event in the occupied West Bank. The Israeli prime minister has for years pushed for a US attack on Iran. Tehran's Shia cleric-run government supports armed groups including Hezbollah and Hamas. Hamas carried out the devastating October 7, 2023 attack on Israel.

Netanyahu ruled out the possibility of a diplomatic agreement with Iran, while backing Trump’s intensified economic pressure campaign and describing the move as a key step to tighten pressure on Tehran.

No Iran deal possible: Netanyahu backs Trump’s ‘economic D-Day’ campaign

Iran is facing a worsening economic crisis as the Iranian rial has plunged beyond the historic 2 million mark against the U.S. dollar on the open market. The sharp currency collapse comes amid renewed international pressure, escalating sanctions, and growing concerns over inflation and economic instability. President Masoud Pezeshkian has acknowledged the hardships facing ordinary Iranians, describing the situation as a full-scale economic and security war. As businesses and households struggle with rising prices and a weakening currency, questions are mounting over Iran's economic future and its ability to withstand mounting external pressure.

Iranian Rial hits historic low: Pezeshkian admits Iran faces 'many problems' 

War's impact is being felt far beyond battlefields and military targets in Iran, where months of conflict with the United States have deepened economic pressures on ordinary families. Rising prices, disrupted supply chains and growing uncertainty are forcing households to rethink everyday spending, from food and essentials to other basic purchases. As the economic fallout intensifies, Iranian consumers are facing a difficult new reality at the dinner table, with inflation and financial strain becoming part of daily life. This report looks at how the Iran-US conflict is hitting households, reshaping consumer behaviour and adding to the wider economic cost of war.

War is making food unaffordable in Iran

The United States has reimposed its naval blockade on Iranian ports following the collapse of peace talks, but Iran's oil exports continue through a secretive network known as the "shadow fleet."

This network consists of hundreds of aging oil tankers that operate outside traditional shipping systems, helping Tehran continue its energy trade despite years of U.S. sanctions. These vessels often disable tracking systems, change identities, use foreign registrations, and conduct ship-to-ship oil transfers to hide their origins.

While Washington's sanctions target companies, banks, and shipping firms involved in Iranian crude trade, Iran has built a parallel export system that keeps its oil flowing to international buyers, especially China.

Iran's Ships Hide Identities to Evade U.S. Sanctions & Tracking | The West Asia Post 

A fragile ceasefire may have paused the two-month-long conflict, but for ordinary citizens, the crisis is far from over. The economic fallout of the war continues to bite, with daily life becoming more expensive and uncertain.

US-Iran War Impact Fuels Economic Anxiety in Iran

The cost of the West Asia conflict on heavily sanctioned Iran’s already faltering economy is estimated to be much more than the U.S. and Israel put together. Hopes of an extension to the ceasefire and a second round of talks between the U.S. and Iran have helped markets recoup the severe losses from the war month. But for the Islamic Republic, recovery requires heavy rebuilding efforts and funding. We decode that and more in this next report.

Iran War: Estimates Put Iran's Cost of War at $100 Bn

Iran’s Currency Continues to Slide to New Record Lows as Economic Pressure and Public Anger Over Rising Prices Spills Into the Streets.


Currency Shock Tests Iran's Economic Pain

Iran's president said Saturday that his country needs about $100 billion in foreign investment to reach the annual target of 8 per cent economic growth from the current 4 per cent.

These comments by Masoud Pezeshkian came during his first live televised interview that was broadcast by state television after he was elected in July.

Pezeshkian said Iran needs up to $250 billion to reach its goal, and more than half of the funding for that amount is available from domestic resources. Experts say growth in GDP of 8 per cent would reduce double-digit rates of inflation and unemployment.

Already, hundreds of entities and individuals, including Iran's central bank, government officials, drone makers and money changers, face international sanctions; most stand accused of materially aiding Iran's Revolutionary Guard and foreign militant groups such as Hamas, Hezbollah and the Houthis.

During his interview, Pezeshkian complained about the sanctions and said his administration plans to reduce inflation — it is running at more than 40 per cent annually — "if we solve our problems with neighbours and the world." He did not elaborate.

At a news conference, Pezeshkian confirmed that his first foreign travel would be to neighbouring Iraq, and then he would fly to New York to participate in the United Nations General Assembly meeting on Sept. 22-23. He said that while he was in New York, he would meet with Iranian expatriates to invite them to invest in Iran. Out of more than 8 million Iranian expatriates, some 1.5 million Iranians live in the United States.

Pezeshkian, considered a reformist, was sworn in last month; parliament approved his cabinet earlier this August and promised a softer tone both inside and outside of the country. His predecessor, hard-line protege of Iran's supreme leader Ebrahim Raisi, who oversaw uranium enrichment in the country to near-Weapons-grade levels, died in a helicopter crash in May, along with seven other people.

Iran's economy has been under pressure since 2018, when then-President Donald Trump pulled the US out of the deal designed to straitjacket Tehran's nuclear program and reimposed hard-hitting sanctions. Pezeshkian said in his presidential campaign that he would try to revive the nuclear deal.

Iran's president said Saturday that his country needs about $100 billion in foreign investment to reach the annual target of 8 per cent economic growth from the current 4 per cent.

Iran's president said Saturday that his country needs about $100 billion in foreign investment to reach the annual target of 8 per cent economic growth from the current 4 per cent. These comments by Masoud Pezeshkian came during his first live televised interview that was broadcast by state television after he was elected in July. Pezeshkian said Iran needs up to $250 billion to reach its goal, and more than half of the funding for that amount is available from domestic resources. Experts say growth in GDP of 8 per cent would reduce double-digit rates of inflation and unemployment. Already, hundreds of entities and individuals, including Iran's central bank, government officials, drone makers and money changers, face international sanctions; most stand accused of materially aiding Iran's Revolutionary Guard and foreign militant groups such as Hamas, Hezbollah and the Houthis. During his interview, Pezeshkian complained about the sanctions and said his administration plans to reduce inflation — it is running at more than 40 per cent annually — "if we solve our problems with neighbours and the world." He did not elaborate. At a news conference, Pezeshkian confirmed that his first foreign travel would be to neighbouring Iraq, and then he would fly to New York to participate in the United Nations General Assembly meeting on Sept. 22-23. He said that while he was in New York, he would meet with Iranian expatriates to invite them to invest in Iran. Out of more than 8 million Iranian expatriates, some 1.5 million Iranians live in the United States. Pezeshkian, considered a reformist, was sworn in last month; parliament approved his cabinet earlier this August and promised a softer tone both inside and outside of the country. His predecessor, hard-line protege of Iran's supreme leader Ebrahim Raisi, who oversaw uranium enrichment in the country to near-Weapons-grade levels, died in a helicopter crash in May, along with seven other people. Iran's economy has been under pressure since 2018, when then-President Donald Trump pulled the US out of the deal designed to straitjacket Tehran's nuclear program and reimposed hard-hitting sanctions. Pezeshkian said in his presidential campaign that he would try to revive the nuclear deal.

Iran needs $100 billion in foreign investments to hit economic growth targets, says Iran’s president

Trump's precipitous 2018 departure from the Iran nuclear deal, forecasted imminent economic collapse, but Iran's economy has managed to withstand six years of "maximum pressure" by the US. The rationale behind the Biden administration's 2021 policy extension is also rooted in the idea that Tehran is more likely to submit to Washington's demands if Iran's economy is weaker.

US Sanctions on Iran: Iran faces inflation threat as sanction cripples economy

US Secretary of State Mike Pompeo arrived in Saudi Arabia on Wednesday to discuss regional security, namely Iran, after the US killing last month of a top Iranian general pushed the oil-producing region closer to an all-out war.

In meetings with King Salman and Crown Prince Mohammed bin Salman over the next two days, Pompeo will also raise economic and human rights issues like the case of a Saudi-American physician who remains on trial after nearly two years in detention, he told reporters traveling with him.

Saudi Arabia has backed the Trump administration's efforts to counter Iran but cautioned against military action after a series of strikes last year damaged its oil facilities. Riyadh blamed the attacks on Tehran, which denies responsibility.

The United States and Iran backed off from intensified conflict last month after a US air strike in Iraq killed Qassem Soleimani and Tehran retaliated with missile strikes on US&nbsp;bases that injured more than 100 troops.

"We are not rushed, the pressure campaign continues. It's not just an economic pressure campaign... It's isolation through diplomacy as well," Pompeo said before his flight to Riyadh.

"(In Riyadh) we'll spend a lot of time talking about the security issues -- the threats from Islamic Republic of Iran in particular, but we'll talk about a broad range of things."

Saudi Arabia has come in for intense criticism from Western governments and the US Congress over its devastating five-year war in Yemen as well as the detention of prominent women activists and the killing of journalist Jamal Khashoggi in the kingdom's Istanbul embassy in 2018.

Five Democratic senators, the chairman of the House foreign affairs committee and the Republican ranking member have urged Pompeo to press for a resolution to the court case of dual national Walid Fitaihi, who was arrested in 2017 under an anti-corruption campaign, and lift travel bans on his family.

Pompeo's trip comes three weeks after President Donald Trump unveiled his long-awaited Middle East peace plan, which the Palestinians rejected outright.

Saudi Arabia expressed support for direct peace negotiations under US auspices while reiterating unwavering commitment to the Palestinian cause.

US Secretary of State Mike Pompeo arrived in Saudi Arabia on Wednesday to discuss regional security, namely Iran, after the US killing last month of a top Iranian general pushed the oil-producing region closer to an all-out war.

US Secretary of State Mike Pompeo arrived in Saudi Arabia on Wednesday to discuss regional security, namely Iran, after the US killing last month of a top Iranian general pushed the oil-producing region closer to an all-out war. In meetings with King Salman and Crown Prince Mohammed bin Salman over the next two days, Pompeo will also raise economic and human rights issues like the case of a Saudi-American physician who remains on trial after nearly two years in detention, he told reporters traveling with him. Saudi Arabia has backed the Trump administration's efforts to counter Iran but cautioned against military action after a series of strikes last year damaged its oil facilities. Riyadh blamed the attacks on Tehran, which denies responsibility. The United States and Iran backed off from intensified conflict last month after a US air strike in Iraq killed Qassem Soleimani and Tehran retaliated with missile strikes on US bases that injured more than 100 troops. "We are not rushed, the pressure campaign continues. It's not just an economic pressure campaign... It's isolation through diplomacy as well," Pompeo said before his flight to Riyadh. "(In Riyadh) we'll spend a lot of time talking about the security issues -- the threats from Islamic Republic of Iran in particular, but we'll talk about a broad range of things." Saudi Arabia has come in for intense criticism from Western governments and the US Congress over its devastating five-year war in Yemen as well as the detention of prominent women activists and the killing of journalist Jamal Khashoggi in the kingdom's Istanbul embassy in 2018. Five Democratic senators, the chairman of the House foreign affairs committee and the Republican ranking member have urged Pompeo to press for a resolution to the court case of dual national Walid Fitaihi, who was arrested in 2017 under an anti-corruption campaign, and lift travel bans on his family. Pompeo's trip comes three weeks after President Donald Trump unveiled his long-awaited Middle East peace plan, which the Palestinians rejected outright. Saudi Arabia expressed support for direct peace negotiations under US auspices while reiterating unwavering commitment to the Palestinian cause.

Mike Pompeo in Saudi Arabia to talk Iran, economy and human rights

Iran will withdraw from the landmark 2015 nuclear deal if there is no economic benefit from it and major banks continue to fail to do business with the Islamic Republic, Iranian Deputy Foreign Minister Abbas Araqchi said on Thursday.

The July 2015 agreement between Iran and six major powers - Britain, China, France, Germany, Russia and the United States - obliged Iran to restrict its nuclear program in return for relief from sanctions that have crippled its economy.

US President Donald Trump delivered an ultimatum to European powers on January 12, saying they must agree to &ldquo;fix the terrible flaws of the Iran nuclear deal&rdquo; or he would refuse to extend the US sanctions relief on Iran that it calls for.

US sanctions will resume unless Trump issues fresh &ldquo;waivers&rdquo; to suspend them on May 12.

&quot;The deal would not survive this way even if the ultimatum is passed and waivers are extended,&quot; Araqchi said in a speech at Chatham House in London.

&quot;If the same policy of confusion and uncertainties about the JCPOA continues, if companies and banks are not working with Iran, we cannot remain in a deal that has no benefit for us,&quot; Araqchi said. &quot;That&rsquo;s a fact.&quot;

Trump sees three defects in the deal: its failure to address Iran&rsquo;s ballistic missile program; the terms under which international inspectors can visit suspect Iranian nuclear sites; and &ldquo;sunset&rdquo; clauses under which limits on the Iranian nuclear program start to expire after 10 years.

He wants all three strengthened if the United States is to stay in the nuclear deal, which is known by diplomats as the Joint Comprehensive Plan of Action, or JCPOA.

Iran warned that the collapse of the deal would thrust the world into another nuclear crisis.

&quot;If we lose the JCPOA, we will face another nuclear crisis,&rdquo; Araqchi said.

&ldquo;For the Europeans or the world community, when we talk about maintaining the JCPOA and saving it, it&rsquo;s not a choice between Iranian or the US market, it&rsquo;s not a choice for economic cooperation: it&rsquo;s a choice between having security and insecurity,&quot; Araqchi said.

The July 2015 agreement between Iran and six major powers - Britain, China, France, Germany, Russia and the United States - obliged Iran to restrict its nuclear program in return for relief from sanctions that have crippled its economy

Iran will withdraw from the landmark 2015 nuclear deal if there is no economic benefit from it and major banks continue to fail to do business with the Islamic Republic, Iranian Deputy Foreign Minister Abbas Araqchi said on Thursday. The July 2015 agreement between Iran and six major powers - Britain, China, France, Germany, Russia and the United States - obliged Iran to restrict its nuclear program in return for relief from sanctions that have crippled its economy. US President Donald Trump delivered an ultimatum to European powers on January 12, saying they must agree to “fix the terrible flaws of the Iran nuclear deal” or he would refuse to extend the US sanctions relief on Iran that it calls for. US sanctions will resume unless Trump issues fresh “waivers” to suspend them on May 12. "The deal would not survive this way even if the ultimatum is passed and waivers are extended," Araqchi said in a speech at Chatham House in London. "If the same policy of confusion and uncertainties about the JCPOA continues, if companies and banks are not working with Iran, we cannot remain in a deal that has no benefit for us," Araqchi said. "That’s a fact." Trump sees three defects in the deal: its failure to address Iran’s ballistic missile program; the terms under which international inspectors can visit suspect Iranian nuclear sites; and “sunset” clauses under which limits on the Iranian nuclear program start to expire after 10 years. He wants all three strengthened if the United States is to stay in the nuclear deal, which is known by diplomats as the Joint Comprehensive Plan of Action, or JCPOA. Iran warned that the collapse of the deal would thrust the world into another nuclear crisis. "If we lose the JCPOA, we will face another nuclear crisis,” Araqchi said. “For the Europeans or the world community, when we talk about maintaining the JCPOA and saving it, it’s not a choice between Iranian or the US market, it’s not a choice for economic cooperation: it’s a choice between having security and insecurity," Araqchi said.

Iran will withdraw from nuclear deal if there is no economic benefit: Deputy minister

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