Iran war

EghtesadOnline: Signs across the region and the wider world suggest that a new round of confrontation between Iran and the United States may be approaching, even as diplomatic channels remain active despite the deadlock. But why is the risk of conflict rising, and what consequences would a new war have for Iran, the United States and the wider region?

In a Euronews exclusive, Euronews spoke with drivers, small business owners and salaried workers about life in an economy where fuel prices doubled overnight, and people can no longer afford basic food items.

EghtesadOnline: Two decades after Iran’s nuclear file was first referred to the United Nations Security Council, the issue has returned to the same chamber. But unlike in 2006, Russia and China have opposed the latest move from the outset, while war and the deteriorating conditions surrounding Iran’s nuclear program have made diplomacy far more difficult.

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iranian people have removed the specter of war, dismissing claims that it was the achievement of a certain administration.

EghtesadOnline: Iran is preparing for the possibility of renewed military confrontation with the United States and Israel, despite recent diplomatic initiatives aimed at reaching an agreement with Washington. Tehran believes that neither a change of government in Israel nor political shifts in the US Congress would necessarily ease regional tensions.

Iran’s neighbouring markets could provide an important opportunity to strengthen non-oil exports and ease economic pressures, but multiple government directives, foreign exchange obligations, currency volatility and difficulties repatriating export earnings continue to divert businesses’ attention from expanding into new markets, according to a senior Iranian trade official.