Pezeshkian sounds alarm, says Iran in 'full-scale war' as US sanctions loom
Iranian President Masoud Pezeshkian has acknowledged the severe economic strain caused by new US sanctions, describing the situation as a full-scale economic and security war. The government is struggling with high inflation and unemployment while facing domestic social unrest.
Why it matters
Escalating tensions between the US and Iran have significant implications for global oil prices and regional geopolitical stability.
Iranian president Masoud Pezeshkian on Sunday acknowledged the mounting economic and social pressures facing the country, saying Iran was dealing with "many problems" as Tehran confronts fresh US sanctions aimed at further isolating the regime."I understand we have many problems in society right now. We are trying to prevent these as much as we can," Pezeshkian said in a speech broadcast on state television.His remarks came days after the United States vowed to seek the "collapse" of the Iranian regime through a new sanctions campaign, adding to pressure on an economy already grappling with inflation, unemployment and declining purchasing power.Pezeshkian said Iran was now facing what he described as a broad confrontation with the United States, saying that, in his words, “thanks to US President Donald Trump, Iran is in a full-scale economic, military and security war.”"He says he is imposing the most crushing and terrifying sanctions on Iran," Pezeshkian…
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