Iranian President Masoud Pezeshkian has acknowledged the country’s ongoing difficulties in importing goods, calling for the exploration of alternative methods. These challenges arise in the broader context of the 2026 war, where tensions with the United States and Israel have led to significant trade disruptions, particularly through the Strait of Hormuz. Iran’s countermeasures, including restricting traffic through this critical maritime passage, have further complicated the situation. Market pricing indicates only a 10.5% probability of normalization of Strait of Hormuz traffic by August 31.
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