DUBAI, United Arab Emirates (AP) — Iran’s national rial currency dropped to a record low Wednesday while a U.S. naval blockade has increased pressure on its already battered economy amid a fragile ...

KT McFarland, former Deputy National Security Advisor, analyzes Iran's economy amid the partial lifting of an 88-day internet ...

Iran’s rial extended its decline to a record low in April 2026, reflecting mounting economic pressure tied to U.S. actions and ongoing regional tensions. Data tracking the open market exchange rate ...

Iran's economy has started crumbling in recent days as the US naval blockade in the Strait of Hormuz inflicts heavy damage.

While the streets are full of people, their pockets are empty. The Iranian rial has become a liability that citizens are desperate to offload.

DUBAI, April 29 (Reuters) - Iran's currency dropped to a record low of 1,810,000 rials to the U.S. dollar on Wednesday, the Iranian Student News Agency (ISNA) said, as demand for foreign exchange that ...

Iranian rial hits record low amid fragile ceasefire, US blockade and import dependence fuel inflation, job losses and rising costs for Iranian households ...

FILE - A thick plume of smoke rises from an oil storage facility hit by a U.S.-Israeli strike in Tehran, Iran, March 8, 2026. (AP Photo/Vahid Salemi, File) FILE - A thick plume of smoke rises from an ...

DUBAI, April 29 (Reuters) - Iran's currency dropped to ⁠a ⁠record low of 1,810,000 rials ⁠to the U.S. dollar on Wednesday, the Iranian Student News Agency (ISNA) said, as demand for foreign exchange ...