The conflict between the US and Iran shows no signs of resolution, as both nations continue to exchange military strikes and harsh rhetoric. The US recently intensified its economic blockade against Iran, aiming to pressure the country into negotiations and halt its disruptive actions in the Strait of Hormuz, a crucial shipping route. Despite a Memorandum of Understanding signed in June, which was supposed to lead to a ceasefire, the agreement has expired without progress. Experts suggest that the US is using both military and economic strategies to weaken Iran’s negotiating position, but Iran seems prepared to endure economic hardships and maintain its stance. The US hopes that new sanctions will force Iran to negotiate, but Iran is likely to demand significant concessions, which may be politically challenging for the US administration. As the conflict continues, the situation remains tense and uncertain.
QUESTION: How might the ongoing conflict between the US and Iran impact global trade and economic stability in the future?
How could US-Iran conflict end? Three experts give their views
