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Official statements from Iran reveal a 35% decline in trade volume due to U.S. sanctions and the imposed blockade on the country, acknowledging their negative impact on the Iranian economy. Iranian President Ebrahim Raisi emphasized the importance of improving relations with neighboring countries and finding a common language to ensure regional security, in an attempt to alleviate economic and political isolation. He also announced the government's intention to raise fuel prices, with full coordination to prevent potential social and economic repercussions of this decision.
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