Iran faces a major economic crisis as naval blockade by US Navy hits Tehran hard, causing massive loss of USD 4.8 billion

“They want to make a deal, I’m not satisfied with it, so we’ll see what happens. At this moment, I’m not satisfied with what they’re offering,” Trump told reporters Friday at the White House. New Delhi: A naval blockade carried out by the US Navy has dealt a major blow to Iran, pushing Tehran into a deep economic crisis, according to a report by Axios. The report has stirred global political and economic circles. It further stated that a sharp decline of USD 4.8 billion in oil revenue has deepened Tehran’s economic crisis. US officials say the impact of the…