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المصري اليوم
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Iran's President on Economic Defense
Iranian President Eshaq Jahangiri stated that his country has taken new measures to face exceptional circumstances. He noted that the enemy aims to cut off the country’s vital arteries through economic warfare. Despite increasing economic pressures, he affirmed that the government and the people have succeeded in preventing the enemy’s objectives from being realized. At the same time, the President approved the resignation of the Minister of Oil, as the Iranian rial continues to plummet sharply, losing over 80% of its value since the beginning of 2026, amid declining oil revenues and worsening sanctions. The Central Bank is attempting to support the currency by injecting two billion dollars into the market.
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