US sanctions tighten, Iran’s economy hit by 35% trade drop, 66% inflation

NewsThu, 03 Sep 2026 15:13:03 UTC23 hours ago
US sanctions tighten, Iran’s economy hit by 35% trade drop, 66% inflation

The tightened US sanctions on Iran could lead to global oil market volatility, impacting prices and geopolitical stability in the region.

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