GeopoliticsHighConfirmedAccelerating
9.4
Bessent defends Iran sanctions as US-Iran strikes escalate
Al-Monitor·US · IR·about 21 hours ago
The Iranian rial depreciated to a new record low against the USD on August 31, following a resumption of US-Iran military strikes. The currency's slide reflects escalating conflict and economic pressure, with uncertainty over further devaluation and potential market impact.