CNBC Analysis: Iran's growing desperation due to dwindling oil revenues could make it more dangerous in the Middle East.
CNBC analysis suggests that as oil revenues dry up, Iran is becoming increasingly desperate, which could make it more dangerous in the Middle East. Currently, oil shipments through the Strait of Hormuz are ongoing, but Iran's oil exports are close to zero. The analysis believes that Iran's economy is collapsing, and its currency continues to depreciate, which could lead the country to more frequently use weapons, drones, and missiles for attacks. In the past week, multiple vessels have been attacked, and Houthi rebels have also launched attacks on Saudi Arabia and bombed a part of Saudi Aramco's headquarters.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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