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Citing a specialist in Iranian affairs, the worsening economic situation has prompted Iran to propose a negotiation initiative with the United States consisting of seven points, most notably opening the Strait of Hormuz within seven days, instead of the two months previously agreed upon. The official inflation rate is reported at 70%, while increases in basic commodity prices have exceeded 150%, accompanied by a significant deterioration in the local currency's value and a loss of purchasing power, with one US dollar equivalent to approximately 234,000 toman. This initiative comes amid economic pressures caused by international sanctions and the blockade imposed on Iran, amid fears of an internal explosion driven by the deteriorating living and economic conditions.
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