Fesharaki: US in 'Strong Position' to Wait Out Iran

Fereidun Fesharaki, chairman emeritus at FGE NexantECA, told Bloomberg TV that Iran can sustain only a few more months of reduced income from the Strait of Hormuz conflict. Fesharaki stated the US may choose to wait for a more favorable negotiating position rather than pursue immediate agreement. He did not specify a timeline for potential negotiations or conditions the US might seek.

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