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The American sanctions directives against Iran have begun to significantly impact Tehran's economy, especially through tightening the blockade on oil exports and restricting access to foreign currencies. Financial channels that Iran used to facilitate transactions in dollars have been closed, leading to a substantial decline in oil exports to about 260,000 barrels per day, compared to approximately 1.7 million barrels a year ago. This has caused higher financing costs and difficulties in transportation and shipping operations. Additionally, the blockade has led to a decrease in the gasoline reserves and affected the local currency, with the rial dropping sharply, while inflation and unemployment rates have risen. National income has declined, and poverty among the population has increased. Washington views these economic pressures as aimed at pushing Iran to make concessions in negotiations, while Iran has threatened to escalate militarily in response to these tightened sanctions.
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