Iran acknowledges war damage as trade slumps and leaders signal diplomacy and defiance
Iran's leaders have publicly acknowledged the economic strain caused by six months of war with the United States, saying foreign trade has fallen sharply and that the government must now focus on inflation, jobs and prices. The comments came on Saturday as Tehran also said it would continue to defend its interests and maintain control over the Strait of Hormuz. The statements amount to a rare admission of the scale of the damage while reinforcing a message that Iran does not intend to yield to pressure.President Masoud Pezeshkian said sanctions and a US naval blockade had caused exports and imports... [Continue Reading]
360LiveNews | 29 Aug 2026 12:00 LONDON
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