Country: IR | Published: 2026-09-21
Iran's standoff with Washington keeps escalating, with the Revolutionary Guards threatening new targets if attacked again and Tehran keeping the Strait of Hormuz shut despite Qatar
Iran's standoff with Washington keeps escalating, with the Revolutionary Guards threatening new targets if attacked again and Tehran keeping the Strait of Hormuz shut despite Qatari mediation efforts. The economic damage deepens, with fresh figures showing GDP down over a tenth since the conflict began and the US urging Americans to leave immediately. Gulf bourses traded lower on regional friction even as diplomatic hopes linger, and crude's continued slide suggests markets still price supply risk below what the headlines imply.