June 17, 2026
Iranian economy was struggling already but hit hard again during the war
Experts say the regional balance of power remains largely unchanged, while Iran appears politically strengthened
Israel says troops will remain “indefinitely” in seized buffer zones in Lebanon, Syria and Gaza
The strikes come after Zelensky spoke to Trump regarding an end to the more than four-year conflict
Proposed deal calls for reopening the Strait of Hormuz and lifting the US naval blockade on Iranian ports
Reports suggest Tehran secured most objectives, while US gains were mostly confined to reopening Hormuz
Both sides carry out new strikes despite calls for restraint
The sectors requiring subsidies are: electricity, gas, petroleum products, and fertiliser