By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.
Amid reports of a full US naval blockade on Iranian ports following failed peace talks in Islamabad, economist Saeed Laylaz warned that any attempt to interfere with external trade routes could escalate into an "international act of piracy involving global powers." He said Iran could rely on alternative land and routes for imports, despite rising maritime risks and costs.
Amid reports of a full US naval blockade on Iranian ports following failed peace talks in Islamabad, economist Saeed Laylaz warned that any attempt to interfere with external trade routes could escalate into an "international act of piracy involving global powers." He said Iran could rely on alternative land and routes for imports, despite rising maritime risks and costs.