Iran's Rial Hits Record Low Amid New US Sanctions Threat

Iran's rial has plummeted to a record low as the US prepares new sanctions. Existing economic restrictions and a naval blockade have devastated Iran's economy. Despite the currency's decline, no concessions have been made by the US President. Additionally, Iran and Oman are close to an agreement on the Strait of Hormuz, while the UAE has halted all trade with Iran following US discussions.

⚖️ AI Verdict

"When it rains, it pours—especially for Iran's economy."

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File ID: #374446Original Source: Times Of India ↗

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