Country: IR | Published: 2026-09-16
Iran's economic squeeze is deepening, with the rial falling, jobs disappearing, and restricted access to dollars and gold intensifying the government's financial crisis. Oil export
Iran's economic squeeze is deepening, with the rial falling, jobs disappearing, and restricted access to dollars and gold intensifying the government's financial crisis. Oil exports have reportedly collapsed to near zero under the US blockade, while Washington pursues crypto assets tied to Iranian oil sales and advances a major munitions sale to Israel. Domestically, fuel-price protests continue, and the House has again voted to limit presidential war powers, signaling mounting friction over the conflict's direction at home and abroad.