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Iranian leaders admit economic toll of war with US as trade drops 35%

South China Morning Post 29 August 2026 2h ago
Iranian leaders admit economic toll of war with US as trade drops 35%
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Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35 per cent due to the American sanctions and blockade. The warnings came even as other leaders threaten the US with military retaliation and declarations that the Iranian navy maintains co
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