US-Iran Tensions: Iran Loses $500 Million Daily Amid Strait of Hormuz Disruptions

The US and Iran tensions have caused a stir in the world market. आहे.इराणच्याइंधन Iran is losing $500 million a day as a result of exports and trade in the Strait of Hormuz. आहे.इराणच्याइंधन Despite this, Iran has not yet taken a positive step towards peace talks with the US. Why is Iran shying away from talks? Iran's diplomacy is currently heavily influenced by the Islamic Revolutionary Guard Corps. The organisation is resisting bowing to US conditions. The US has imposed strict sanctions on Iran's nuclear weapons programme and the handing over of nuclear-making equipment, which Iran does not accept. Iran thinks it can put the US on the back foot in negotiations by taking control of the Strait of Hormuz. Donald Trump's Last Weapon President Donald Trump has bluntly warned Iran that if a peace deal is not reached before the deadline that ends on Wednesday, the US will take a big step and target Iran's power facilities with a "military blockade," which Trump has described as a "financial blockade."