As war erodes Iran’s economic stability, its currency hits a record low
Iran's currency has reached a record low due to international sanctions and a U.S. naval blockade on oil. The country's economy is currently in freefall.
The Iranian economy has been under duress for years in the face of international sanctions. But a U.S. naval blockade on Iranian oil and new sanctions imposed since the start of the war have sent it into freefall.
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