The Supreme National Security Council is concerned about the current protests, adding that the economic crisis will soon turn into serious problem, highlighting Iran cannot withstand 6-8 weeks of a naval blockade, Iran International reports citing sources

Context

The Supreme National Security Council's warning about the potential for severe economic issues amidst ongoing protests underscores the fragility of Iran's situation, particularly if faced with a naval blockade. This could lead to increased volatility in oil prices and risk assets, especially if investors perceive heightened geopolitical risk in the region — crucial for currencies like the USD and JPY, and commodities such as WTI and Gold.

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