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Posted on 08/30/2026 10:35:24 AM PDT by Bobbyvotes
On September 13, 1985, Saudi oil minister Ahmed Zaki Yamani announced that his country would stop propping up the price of crude. Prices collapsed, and the Soviet Union lost roughly $20 billion a year in hard currency—“money without which the country simply could not survive,” in the estimate of Yegor Gaidar, later Russia’s acting prime minister. Gaidar dated the collapse of the Soviet Union to that announcement.
Tehran is now in a weaker position than Moscow was in that autumn. The Islamic Republic is exporting almost no oil, its currency has lost nearly a third of its value since March, and it is rationing water and electricity to its own capital.
Treasury Secretary Scott Bessent announced a sweeping new sanctions campaign last week, Operation Economic Outcast, aimed at what remains of the regime’s revenue, with the stated objective of severing “every economic lifeline that sustains this tyrannical regime until Tehran stands alone.”
(Excerpt) Read more at newsweek.com ...
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The pressure on Iran is already extraordinary. The rial traded at 2.02 million to the dollar on Sunday, down from 1.53 million in March, a 32 percent depreciation in under six months. Inflation is running near 90 percent by the Iranian government’s own Statistical Center, and the International Monetary Fund expects the economy to contract 5.4 percent this year.
Oil exports have stopped almost entirely: central bank governor Abdolnaser Hemmati has conceded that “we are not exporting oil,” tanker trackers have logged no Iranian supertanker crossing the Strait of Hormuz since July and floating storage has drained from 105 million barrels to fewer than 40 million.
The rest of the ledger is no better. Iranians are living with rolling blackouts and water rationing. Hezbollah is degraded, Hamas is gone, Assad has fallen, and the nuclear program is buried.
They haven’t really been fighting for a couple months now, just firing off missiles and drones in small numbers. I recall only a few in August.
Has Iran run out, or are they saving what they have left for “The Final Battle”?
Are you kidding? Iran has never been stronger. Fareed on CNN told me so.
I remember him, he was always setting off my gaidar
I look forward to a headline stating that Woke Media and the DemocRATz is facing their soviet moment and possibly their end.
Will the regime last 2 months until the election? That billboard in the article should be taken out.
The sooner the better.
“its currency has lost nearly a third of its value since March”
according to grok, the iranian rial has lost 70-90% of it’s purchasing power since March 2026 ... leave it to newsweak to blatantly lie about the iranin rial inflation rate ...
In any event, they're firing enough missiles and drones to keep gasoline prices up.
Mr. Epstein does not offer a projected timeline.
Yes it can. China and Russia will extend to Iran cash,credit, materials and munitions at userous rates of interest. Iran has huge reserves of oil and natural gas. Whether the mullah regime survives or not, China and Russia will collect the debts and interest when the war is over.
For decades, the leaders of Iran have been telling their people that the moon will protect them and provide for them. They cannot say that they have great executive or administrative or governmental skills. They have just told their people that the moon will protect them and provide for them.
It now appears that the moon has failed them.
That is a bitter, bitter pill to swallow.
Their leaders have nothing else to justify them leading Iran.
The moon has gone down on Iran.
Their leaders will die telling their people that the moon will save them, because that’s all they have.
If China decides to ‘help’ Iran will be able to keep this crap up for a while. Then again, China has better things to do with their money then throw it down a rat hole...
Iran has a wild card the old USSR didn’t.
The mullahs can frame the conflict in religious terms. It’s the Muslim faithful against the infidels. And Mohammed said you must resist the infidels.
It’s not a whole lot different than the Japanese mindset in WW2. The Bushido Code, etc. It took not one, but two atomic bombs to get their minds right.
That option is currently unavailable to Trump.
Within living memory numerous cities and regions of Europe and the Pacific were cutoff and/or under siege for extended time yet held out.
“The mullahs can frame the conflict in religious terms. It’s the Muslim faithful against the infidels. And Mohammed said you must resist the infidels.”
Many people in the US and around the world are finally beginning to understand that Islam is NOT a religion. It is, rather, a cult...demanding fealty of its adherents and subjugation of all others.
It is a cult built on the lunatic ravings of a syphilitic pedophile.
Islam has been at war with civilization for 1500 years. We are presently caught up in the latest escalation of that war. It is one we dare not lose.
“Yes it can. China and Russia will extend to Iran cash,credit, materials and munitions at userous rates of interest. Iran has huge reserves of oil and natural gas. Whether the mullah regime survives or not, China and Russia will collect the debts and interest when the war is over.”
credit is one thing:
1. spending it is another: iran has been cut off from the international banking systems
2. and actually purchasing stuff is yet another: USA is sanctioning any country selling Iran anything, so very few countries are willing to cross the USA on that matter
2. and shipping purchased goods is yet another: the US Navy embargo is stopping and turning away INBOUND ships too, not just attempts out outbound oil shippments, and at least 60 inbound vessels have been turned away, presumably boats full of chinese parts for making more drones and missiles ...
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