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Iranian President Admits Sanctions Impacting Economy

Summary by Arab News
TEHRAN: Iran’s President Masoud Pezeshkian has admitted that US sanctions on his country are hurting its economy, despite just days ago insisting they would achieve nothing. “Some say sanctions have no effect at all; to those people, I really don’t know what to say,” Pezeshkian told state TV in an interview late on Friday. “We are in a war situation, and we must accept these
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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Iranian President Massoud Pezeshkian recognized on Friday that US sanctions were affecting the country's economy, after having said a few days earlier that they would remain ineffective. Article Iranian President admits that US sanctions are weighing on the country's economy appeared first on Atlasinfo.

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Iran's president, Masud Pezeshkian, acknowledged that the sanctions imposed by the United States are affecting his country's economy, even though just a few days ago he had insisted...

Iran, a major oil producer, has for years subsidized gasoline with quotas based on consumption, making any change in prices a politically sensitive issue.

·Greece
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Arab News broke the news in Riyadh, Saudi Arabia on Saturday, August 29, 2026.
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