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The Times of India
The Times of India
World
TOI News Desk

How much will Iran lose? The cost of Trump’s Hormuz blockade

After a month-long war and depleted infrastructure, economic strains can multiply for Iran following Unites States' decision to blockade its ports at the Strait of Hormuz after the talks between both the sides faltered in Pakistan last weekend.

The blockade could cost Iran up to $435 million or Rs 4,081 crore a day in economic damage, including $276 million in lost exports, mostly of crude oil and petrochemicals, the Wall Street Journal reported.

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