Iranian President Masoud Pezeshkian has admitted that US sanctions are hurting the country's economy, contradicting his earlier claims that they would have no effect. In an interview, he stated that Iran is in a war situation and must accept wartime conditions. He noted that exports and imports have fallen by 25 to 35 percent in recent months due to a US naval blockade. The US has intensified sanctions, with Treasury Secretary Scott Bessent outlining plans for the 'economic asphyxiation' of Iran.
Don't miss out on breaking stories and in-depth articles.
