GeopoliticsNotableConfirmedDeveloping
7.2
Iranian President acknowledges significant economic contraction due to US sanctions
La República (Peru)LO·IR · US·3 days ago
Fuel shortages are spreading across Iran, with long queues at stations, driven by war-related damage to refining capacity, import constraints, and newly imposed US sanctions. The situation is worsening, and the full extent of the supply gap remains unclear. This compounds economic pressure on Tehran amid ongoing conflict.