Iran’s economic crisis is deepening as a US naval blockade, wartime damage and disrupted trade routes affect its industry, while the threat of renewed war with America piles pressure on an already severe downturn.
The war has weighed heavily on Tuesday’s US midterm elections, with the Democrats taking control of Congress. The cost for Iran is mounting too, with official figures showing gross domestic product down more than 10 per cent year-on-year in the latest quarter.
Iran’s Parliament Speaker and chief negotiator, Mohammad Bagher Ghalibaf, seized on the Democrats’ gains, saying Americans had voted against the war and warning on X that any attempt by President Donald Trump’s administration to ignore public opposition would bring a “nightmare”.
A poster on the Telegram channel of supreme leader Mojtaba Khamenei’s media outlet declared “the end of the aggressor’s domination”…
