Pezeshkian Says New U.S. Sanctions Raise Prices and Cut Trade in Iran
Updated
Updated · The Washington Post · Aug 31
Pezeshkian Says New U.S. Sanctions Raise Prices and Cut Trade in Iran
3 articles · Updated · The Washington Post · Aug 31
Summary
President Masoud Pezeshkian said the latest U.S. sanctions have pushed up prices and reduced trade, a rare public acknowledgment of the pressure on Iran’s economy.
Lines at gas stations are lengthening and complaints over food costs are rising, underscoring how the new measures are feeding daily hardship.
Ayatollah Mojtaba Khamenei has urged the government to tackle “economic and livelihood challenges” as the strain becomes harder to contain.
Decades of U.S.-led sanctions have left Iran used to punitive measures, and experts cited in the report say the Trump administration’s new pressure is still unlikely to force major concessions.