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strikeAug 24, 2026

Iran's rial currency hits new record low as US prepares to announce more sanctions

Summary

DUBAI, United Arab Emirates (AP) — Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would be an “economic D-Day” and would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.

Source: DAVID RISING, Associated Press — Read the full report

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USIsraelIranUN

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  • DAVID RISING, Associated PressBy DAVID RISING, Associated Press

    DUBAI, United Arab Emirates (AP) — Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would be an “economic D-Day” and would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade. …

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