Iran President Pezeshkian calls for unity as US ramps up economic pressure
Summary
Iran’s President Masoud Pezeshkian said Iranians and officials will stay united despite tough new U.S. economic sanctions aimed at cutting off Iran’s economic support. He warned that while fuel prices will increase, his government will avoid drastic changes that could cause unrest amid ongoing tension with the U.S.Key Facts
- The U.S. launched the toughest sanctions against Iran, targeting the Iranian government and the Islamic Revolutionary Guard Corps (IRGC).
- President Pezeshkian said unity is needed to resist attempts to cause division and unrest in Iran.
- Iran plans to double the price of one type of petrol quota and reduce monthly fuel quotas due to shortages and smuggling.
- Iran’s currency reached a record low of over 2.25 million rials per U.S. dollar.
- U.S. military recently bombed an oil tanker near Iran and is blocking Iranian oil shipments by sea.
- Iran said it will return to a previous agreement with the U.S. if Washington does the same.
- Iranian officials warned about possible protests triggered by economic problems like unemployment, fuel prices, and general hardship.
- Iranian security forces are increasing monitoring and preparing for potential protests.
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