A report from the U.S. Treasury Department reveals that sanctions and a naval blockade have severely affected Iran's economy. The Iranian rial has depreciated by about 25% since August, and inflation has soared to 90%. The report, part of an economic pressure campaign led by Treasury Secretary Scott Bessent, indicates that these measures are intended to limit Iran's revenue and trade capabilities.
Key facts
- The Iranian rial has lost approximately 25% of its value since August 2026.
- Iran's inflation rate reached 90% in September 2026.
- Iran has not loaded oil onto tankers since August 25, 2026.
- Thousands of trucks are delayed at borders with Turkey and Pakistan.
- The U.S. aims to cut Iran off from oil revenue and international trade.
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