The US and Israel have been waging war against Iran for about six months, and Iranian leaders say the conflict is taking a heavy economic toll as Washington increases financial pressure. Multiple reports describe a worsening economic situation alongside tighter US sanctions and a naval blockade affecting trade.
Sources say Iran’s economy faces problems that existed before the war, including negative growth, high inflation and currency pressure, which are compounded by strikes on civilian and industrial infrastructure and the blockade of Iranian ports. Reuters-cited reporting also says Iran’s president reports foreign trade has fallen by about a third (around 35%), while the supreme leader urges the government to address hardship.
Across outlets, the broader angle is consistent—war and US measures are harming Iran’s economy—while specifics differ in emphasis. Some focus on negotiations being at an impasse and the US ramping up efforts to punish Tehran financially. Others stress Tehran’s stance that it will not retreat, reiterating vows to withstand US pressure while pursuing diplomacy and maintaining control over key maritime routes.