Iranian President Masoud Pezeshkian stated that reduced government revenues and war pressures have placed the government in a difficult position. This announcement comes amid ongoing tensions between Iran, Israel, and the United States, following an escalation into open warfare in early 2026. The situation includes sanctions, maritime restrictions in the Strait of Hormuz, and occasional military threats. Market indicators show a probability of only 31.5 percent that traffic in the Strait of Hormuz will return to normal by year-end, down from 32 percent the previous day.
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