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Economists Say Iran Faces ‘Severe Collapse’ of Economy Under Blockade

Friday, August 14, 2026


Pete Hegseth, U.S. Secretary of War, said on Thursday that the United States can maintain its blockade of Iran indefinitely. Economists assessed that the Iranian economy is approaching severe collapse under the blockade pressure. The statement came as the U.S. continues enforcement of sanctions against Iran.

Original reporting: https://www.breitbart.com/middle-east/2026/08/14/economists-say-iran-faces-severe-collapse-of-economy-under-blockade/

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