1. Six months into war, Iran and US remain locked in conflict

Six months into war, Iran and US remain locked in conflict

World

  • The Iran war has reached a costly stalemate after six months of fighting, with neither side securing a decisive victory.
  • Iran’s economy is under severe pressure from US sanctions, a naval blockade, inflation and disruptions to trade.
  • Tehran is betting that China and India will continue trading with Iran despite US pressure, helping it withstand sanctions.
  • Washington has shifted from military strikes to economic warfare, targeting Iran’s oil revenues and trading partners.

Source: economictimes.indiatimes.com

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