Iran's Rial Crashes Past 2.2 Million to Dollar Amid US Blockade

The value of Iran's currency, the rial, has crashed past 2.2 million to the US dollar as the country faces a near-total blockade on oil exports by the United States military.

This economic pressure follows six months of conflict with the US and Israel, with President Donald Trump describing the campaign as 'economic D-Day' for Iran.

The White House aims to extract concessions through financial isolation. As of September 2, US forces redirected 86 commercial vessels from Iran, confirming that American forces disabled three vessels and boarded two to ensure compliance with the blockade.