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Iran's economy strains as war, US sanctions intensify

Summary by Daily Sabah
Iranian leaders are increasingly acknowledging the economic toll of the war with the United States, with the supreme leader urging the government to...

4 Articles

Lean Right

Iranian leaders are recognizing the economic impact of the war with the United States, with the supreme leader, Mojtaba Khamenei, asking the government to face the difficulties and the president, Masoud Pezeshkian, claiming that foreign trade has shrinked by one third due to American sanctions and blockade. Tehran, however, did not give any signs of retreat on Saturday, promising to resist US pressure, seek the diplomatic route and maintain what…

·Rio de Janeiro, Brazil
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El EconomistaEl Economista
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La RepúblicaLa República

Iranian Foreign Minister Abbas Araqchi described Friday talks with Al Thani as "creative."

·Mexico City, Mexico
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El Economista broke the news in Mexico City, Mexico on Saturday, August 29, 2026.
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