Iran's President Masoud Pezeshkian acknowledged sanctions impact the nation's economy. He stated that Iran is in a war situation and must accept wartime conditions. US Treasury Secretary Scott Bessent outlined plans for Iran's economic asphyxiation. Pezeshkian mentioned a significant fall in Iran's exports and imports. He suggested increasing the price of petrol to address trade declines.

The US cannot achieve its objectives through economic pressure on Tehran, Iranian President Masoud Pezeshkian said Tuesday, days after Washington launched a sweeping new sanctions…

Iran's President asserts new U.S. sanctions will fail, emphasizing resilience against economic pressure amid ongoing tensions over the Strait of Hormuz.

Iranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign trade has fallen 35% under sanctions and…

Iran’s foreign trade has fallen nearly 35% amid US sanctions and a naval blockade, while annual inflation reached 66% as economic pressure deepens.

Iran admits trade has shrunk by over a third due to US conflict. US-Iran deal by 2026 at 10.5% YES.