Iran’s president and central bank chief told Supreme Leader Ayatollah Mojtaba Khamenei the economy was on the ropes due to the U.S. naval blockade, according to a report.
As the regime weighed whether to sign the memorandum of understanding to reopen the Strait of Hormuz and extend the ceasefire, officials were split among pragmatists favoring an agreement and hardliners who wanted to keep fighting. Meanwhile, the supreme leader was hesitating.
