The US naval blockade has cut off about $25 billion from Iran's oil revenues, and oil exports may stop by mid-December. This situation can increase the budget deficit, reduce government spending and increase the economic pressure on the people.
The US naval blockade has cut off about $25 billion from Iran's oil revenues, and oil exports may stop by mid-December. This situation can increase the budget deficit, reduce government spending and increase the economic pressure on the people.