Iran's President Masoud Pezeshkian has admitted that U.S. sanctions on his country are hurting its economy, despite just days ago insisting they would achieve nothing.

Iran's President cites economic strain amid tensions with US and Israel. Strait of Hormuz traffic returning to normal by December 31 at 31.5% YES.

By Eman Abouhassira and Yasmine GhaniaDUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader…

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…