Al Monitor iconAl MonitorAug 29, 2026

War weighs on Iran's economy as US intensifies sanctions

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 blockade.

War weighs on Iran's economy as US intensifies sanctions

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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...

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...

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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 blockade.

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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 blockade.

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