Iran's Foreign Ministry spokesman says a ceasefire in Lebanon is inseparable from any final agreement to end the war, as the Israeli regime continues its violations.

The US economy is being hit hard by the war against Iran, with rising transport, manufacturing, and food costs, and immediate blow to household budgets.

A senior Iranian official says all land and sea borders, as well as customs points, are actively functioning for both imports and exports.

The Strait of Hormuz is a critical chokepoint for global energy markets, and any significant disruption or closure would have major economic and geopolitical consequences, says a UK-based economist.

US was forced to abandon its failed blockade of the Strait of Hormuz, pivoting to the so-called “Project Freedom” – a desperate and risky gambit compelled by Iran’s strategic patience, military consolidation, and growing leverage.

When it comes to naval blockades, the one executing it is meant to target one country, but in the case of US naval blockade, the world economy is reeling in a crisis.

Head of Iran’s shipping syndicate says the country’s ports are operating normally despite the so-called US blockade.