Iran's President Masoud Pezeshkian on Friday issued a rare admission, describing that after six months of war initiated by the United States and Israel, the country's economy is feeling significant pain.
The statement came days after on Monday US Treasury Secretary Scott Bessent unveiled Trump's "Economic D-Day" plan against Iran, noting that while military operations have ceased, a far-reaching and sustained economic warfare campaign is in full effect.
via Reuters"Some say sanctions have no effect at all; to those people, I really don’t know what to say," Pezeshkian told state TV in an interview late on Friday. "We are in a war situation, and we must accept these wartime conditions."
He appeared to be pushing back against some Iranian hardline officials who have asserted that the sanctions basically have not impacted the government or population whatsoever.
As evidence of the early and ongoing impact, lines at gas stations have gotten longer and more frustrating for consumers of late. Pezeshkian openly acknowledged this, and indicated for the first time the country is raising gasoline prices:
The president said the price of petrol should be increased in Iran to account for the fall in trade. “We should raise the price of the third-tier quota... For example, from 5,000 tomans to 10,000 tomans,” he added.
That quota refers to one of several consumption rates that determine the price an Iranian consumer is charged. Iran, a major oil producer with some of the world’s c
