WSJ: Iran's economy is on the brink of collapse.

A comprehensive analysis published by the US-based Wall Street Journal (WSJ) suggests that Iran's economy is nearing collapse. The report notes that the economic sanctions and "maximum pressure" policy implemented by Washington have reached their peak.
According to the WSJ analysis, Iran's oil sector—the lifeblood of its economy—has been completely paralyzed by heavy US embargoes. The report highlights that Iranian oil exports have virtually ground to a halt since last July, signaling the success of the US "maximum pressure" policy.
It further states that Tehran's persistent threats to close the Strait of Hormuz have failed to produce the intended effect on Washington. On the contrary, the report notes that US President Donald Trump has felt no pressure from these threats and remains determined not to accept any preconditions put forward by Tehran.
Ultimately, the report observes that while it remains unclear when US maritime sanctions and embargoes will end, Tehran currently faces extremely difficult and critical choices.