Trump’s policy is working. The policy has no effect on the United States. U.S. allies are defending their own shipping. Iran is being financially choked, and the constriction hurts.
Leila Gharagozlou:
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- Tehran faces rising food prices and food shortages.
- Iran’s government is running out of options to help stem the costs.
- A local cook estimates prices have increased by 50% to 100% in the last year.
- The cost of beef has gone from 380,000 rials a kilo three months ago to nearly 1.2 million rials per kilo, pricing out many families.
It has been over a year since President Donald Trump pulled out of the Joint Comprehensive Plan of Action, the nuclear accord designed to keep Iran from developing a nuclear weapon, leaving Germany, France and the United Kingdom to attempt to uphold the agreement with Iran…
…Unable to realize the economic benefits of the nuclear deal, Iran is facing high inflation, a devalued currency and an economy that the International Monetary Fund predicts will shrink by 6% this year. The Iranian government has found its hands tied as prices on foods climb higher, pricing out the population, whose average monthly salary of 32 million rials equals only $220…”
Here is the tell that the policy is working:
Iran seizes foreign tanker with 12 crew accused of smuggling oil