Shafaq News- Washington
US President Donald Trump on Wednesday warned that Iran is facingmounting financial pressure linked to tensions in the Strait of Hormuz,estimating losses at around $500 million per day.
In a post on Truth Social, Trump indicated that Tehran is seeking a wayout of the crisis to limit further economic deterioration, portraying thecountry as increasingly strained by a cash shortage. He also pointed todifficulties in covering monthly salaries, adding that members of Iran’smilitary and police have shown signs of unrest over delayed payments.
Trump previously announced a temporary extension of the two-weekceasefire with Iran, which had been set to expire on April 21, citing divisionsin Tehran and a request from Pakistani leaders to allow more time fornegotiations.
Meanwhile, Iran’s Tasnim News Agency reported that Tehran declined toattend the second round of talks with the United States in Pakistan scheduledfor Wednesday, indicating that “participation would be unproductive” as recentexchanges showed no meaningful progress, while accusing Washington ofmaintaining demands it considers unacceptable and incompatible with itsposition.
Read more: US-Iran talks collapse; Analysts warn of escalation risk as ceasefire deadline nears
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