The economic fallout from the war has spread worldwide but is particularly acute in Tehran, above, and throughout Iran. “More than revenue from the strait, Iran wants to confirm its management and sovereignty over the strait,” he said by phone from Tehran. The economic fallout from the war has spread worldwide but is particularly acute in Iran. “Iran cannot continue with this strategy forever, and at a certain point, in reality, it has to reach a deal with America,” he said. “It’s unlikely, despite the difficulties of the economic situation, that Iran will retreat from its positions,” he said.