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Event Brief

Pezeshkian says US sanctions are hurting Iran’s economy

Iran’s President Masoud Pezeshkian said US sanctions are damaging Iran’s economy. He told state media that foreign trade has shrunk by nearly 35% due to the sanctions, despite having recently said they would achieve nothing.
WHO: Masoud Pezeshkian
WHAT: Admitted that US sanctions are hurting Iran’s economy and said foreign trade has fallen nearly 35%.
WHEN: Reported Aug 29, 2026 at 6:07 AM ET
WHERE: Iran
WHY: He was responding to the impact of US sanctions on Iran’s economy, including foreign-trade declines.

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