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Middle EastPublished: 29 August 2026 at 18:33

Iran's President Acknowledges Economic Toll of Sanctions

Iranian President Masoud Pezeshkian has admitted that US sanctions are harming his country's economy, reversing his stance from just days earlier when he insisted the sanctions would have no effect.

Foto: Apollo.lv

Iranian President Masoud Pezeshkian has publicly acknowledged that sanctions imposed by the United States are causing real damage to his country's economy. The admission marks a notable shift, as only days earlier he had claimed the opposite, insisting that the sanctions would fail to achieve their goals and would not significantly affect Iran.

A Shift in Tone

The change in Pezeshkian's rhetoric suggests that Iran's leadership may be facing growing pressure to acknowledge the real-world consequences of external economic restrictions. Until now, Iranian officials have largely downplayed or denied the impact of sanctions, emphasizing the country's ability to adapt and continue developing despite international pressure.

Background

US sanctions against Iran have long served as one of the primary tools of international pressure aimed at influencing Iranian policy, including matters related to its nuclear program and regional activities. These measures affect multiple sectors of the economy, including oil exports and the financial system, both of which are critical sources of state revenue for Iran.

The president's admission could point to mounting domestic pressure within Iran, where citizens and businesses reportedly experience economic hardship in daily life, including rising prices and currency fluctuations. A public acknowledgment from the country's top official may influence both domestic political discourse and international perceptions of how effective the sanctions actually are.

The source report does not provide additional specific data on the exact extent or manner in which the sanctions are affecting Iran's economy, but the admission itself is being viewed as a significant turn in Iran's official communication on the matter.

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