War weighs on Iran's economy as US intensifies sanctions

DUBAI: Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the American sanctions and blockade.Yet Tehran signalled no retreat on Saturday (Aug 29), vo

By Eman Abouhassira and Yasmine Ghania DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35% due to the American sanctions and

Iranian president says foreign trade down 35% due to sanctions and blockade

Six months after the US and Israel launched the war, negotiations are at an impasse.

War weighs on Iran's economy as US intensifies sanctions  Reuters