Iran can outlast Trump’s Hormuz blockade for months
As the markets await response from Iran regarding the US 14 point proposal, the Washington host is reporting that
- US intelligence in a report says that Iran can outlast Trump’s Hormuz blockade for months (90 – 120 days and possibly longer)
- Iran still retains much of its missile and drone arsenal despite sustained US and Israel strikes.
- Finally the report says that despite the blockade causing severe economic damage, that Tehran has enough resilience and workarounds such as oil stockpiles and alternative smuggling routes, to avoid immediate collapse.
Out of Iran:
- A senior Iranian official said Iran would not allow the US to reopen the Strait of Hormuz with an unrealistic plan and then exit the war without paying any reparation for all the damage inflicted.
- Tehran has laid out a set of new rules for vessels seeking to transit the Strait of Hormuz
This article was written by Greg Michalowski at investinglive.com.