Iran’s president has blamed economic struggles on the combined impact of international sanctions and a U.S.-led naval blockade, citing a sharp decline in trade activity. Official figures indicate exports and imports have dropped by nearly a third, underscoring the strain on the country’s economy. The statement highlights how external pressures are disrupting commerce and supply chains. Those following global trade tensions or sanctions policy will find the latest developments relevant.
Iran's president said sanctions and the US naval blockade had caused exports and imports to slump by nearly 35 percent.
