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Iranian President Masoud Beshzkiyan confirmed that the U.S. sanctions imposed on Iran cause significant damage to the national economy, with exports and imports declining by between 25% and 35% in recent months. He indicated that gasoline prices may need to be raised to support the decline in trade activity, despite Iran maintaining subsidized fuel prices that are among the lowest in the world. He also affirmed that the maritime sanctions imposed on ports have led to a shortage in gasoline imports. However, Beshzkiyan emphasized that Iran remains firm in facing economic pressures and that these sanctions will not produce tangible results on the Iranian economy.
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