Iran leaders acknowledge economic toll of war as US intensifies sanctions

Iranian leaders are acknowledging the severe economic toll resulting from the war with the United States. The president reported that foreign trade, including both imports and exports, has shrunk by nearly 35 percent due to American sanctions and a naval blockade.

This economic pressure is compounded by soaring inflation, which reached 66 percent in July. Such significant financial pain has triggered concern among the country's leadership that the hardship could spark unrest at home.

In response, the supreme leader has called on the government to address these hardships and urged a reduction in the nation's reliance on the U.S. dollar. Despite these challenges, Tehran has vowed to withstand the pressure imposed by the United States.

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