jordan pulse -

Iranian President Masoud Pezeshkian acknowledged that U.S. sanctions are inflicting tangible damage on Iran's economy, offering a candid assessment days after previously claiming that economic restrictions would yield no results. Speaking during a state television interview on Friday, Pezeshkian pushed back against assertions that the restrictions are harmless, emphasizing that the country is operating under wartime conditions and must adapt to severe economic pressure.
​The Iranian president's remarks follow statements made earlier in the week by U.S. Treasury Secretary Scott Bessent, who outlined plans intended to choke the Iranian economy while issuing stern warnings to nations maintaining commercial ties with Tehran. The latest measures build upon the extensive sanction regime enforced by Washington following Donald Trump's decision in 2018 to unilaterally withdraw the United States from the 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement.
​Detailing the extent of the economic strain, President Pezeshkian revealed that Iran's import and export volumes have fallen by 25 to 35 percent over recent months. He further cautioned that domestic gasoline prices will ultimately need to be adjusted upward to cope with the economic pressures stemming from the sharp contraction in international trade.