Iranian President Masoud Pezeshkian has officially acknowledged that Iran’s foreign trade has decreased by more than a third due to the ongoing conflict with the United States. This admission underscores the severe impact of the war, which began in February 2026 and has now lasted six months, on Iran’s economy. US sanctions and the naval blockade have significantly disrupted trade, particularly through the Strait of Hormuz, a strategic maritime route. This situation further complicates the prospects for negotiating a nuclear deal with the United States.
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