Iran's Economy Struggles Under Six Months of US Sanctions

Iran's economy is facing significant challenges due to US sanctions, which have been in place for six months. Iranian President Masoud Pezeshkian reported that the country's trade has declined by approximately 35% during this period. The inflation rate has also soared to a staggering 66%, further exacerbating the economic difficulties.

The Supreme Leader of Iran, Mojtaba Khamenei, called for gradually phasing out the US dollar from playing a pivotal role in the country's economy. This move is likely aimed at reducing the impact of sanctions and promoting domestic currency use.