Both President Donald Trump and Iran are fully prepared for either diplomatic engagement or military action, as the Strait of Hormuz has choked out the Iranian economy and ostensibly forced it into collapse to bring it back to the table on giving up nuclear weapons aspirations.

Iran's currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has s

Iran’s currency has fallen to a new record low, with traders exchanging more than 2.5 million rials to the U.S. dollar.