7 Hrs
Source:
دايلي بيروت
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Source: دايلي بيروت
7 Hrsدايلي بيروت
Source: دايلي بيروت
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A U.S. Treasury Department report cited by Axios says the naval blockade, sanctions and disruption of export routes have crippled Iran’s economy and constrained Tehran’s revenues, but does not claim that the regime is on the verge of collapse. Signs of the crisis include the rial’s decline of roughly a quarter, reaching 2.687 million rials to the dollar on the unofficial market in October, and annual inflation rising to about 90% in September, compared with around 35% in early 2025. Oil shipments have also not been loaded since August 25. Treasury Secretary Scott Bessent is urging President Donald Trump to give the “Operation Economic Outcast” campaign, launched in late August, more time in the hope of pushing Iran’s leadership to make concessions. Trump is to decide after the votes in the midterm elections have been counted.
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