Iran's Currency Plummets as US Sanctions Loom
Iran's rial has hit a record low of 2 million to the dollar as the US prepares to announce new sanctions. The measures, described as the 'greatest financial offensive,' aim to cut off Iran's economic lifelines, raising concerns about potential retaliation from Tehran.
Where it's breaking
Local coverage
Iran's Currency Plummets as US Sanctions Loom
Iran's Currency Plummets as US Prepares Major Sanctions
Iran's Currency Plummets as US Readies New Sanctions
Trump Administration Warns Nations to Cut Financial Ties with Iran Amid New Sanctions
Bessent says new US sanctions aim to block all potential sources of revenue for Iran
Treasury Secretary Scott Bessent unveils new US economic sanctions on Iran
US Treasury secretary says new sanctions aim to block all potential sources of revenue for Iran
Treasury Secretary Scott Bessent unveils new U.S. economic sanctions to isolate Iran
US expands sanctions on Iran, puts other countries on notice
Iran’s Rial Currency Hits New Record Low as Us Prepares To Announce More Sanctions
Bessent announces new Iran sanctions
Sources cited
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