What lies ahead for Iran’s economy as scope of US war grows beyond Hormuz?

According to Al Jazeera sources, mediation efforts are ongoing, but the situation remains uncertain. The risk of disruptions to international waterways is increasing. This raises concerns about further economic consequences in the region, particularly given previous threats to navigation in the Strait of Hormuz. Although diplomatic channels remain open, future developments depend on reducing the current tensions. Regional countries and international partners are closely monitoring the situation, as any blockage of waterways could affect global oil supplies and prices.