Iran’s economy is deteriorating with extreme inflation and poverty, worsened by U.S. sanctions under Trump. The regime faces pressure to act due to a collapsing currency and real estate market. Oil sanctions particularly threaten Iran’s financial foundation, leading to potential diplomatic negotiations amid cries for reform from within the country.
Iran’s economy is in a severe decline, beset by rampant inflation, a plummeting currency, and rising poverty levels. President Donald Trump’s reimplementation of his “maximum pressure” strategy has exacerbated the situation, intensifying the effects of sanctions aimed at dismantling Iran’s economic stability. This dire economic environment has led to millions of Iranians struggling for basic survival.
Iran is facing a profound economic crisis intensified by U.S. sanctions and internal mismanagement. With inflation soaring and poverty rising, the Iranian government is under immense pressure to address these issues, potentially through negotiations with the United States or by implementing necessary economic reforms. The circumstances will likely worsen unless significant changes are made.
Original Source: www.newsweek.com