Iran's Economy Strains Under US Sanctions and War

Iran is grappling with a deepening economic crisis as its six-month conflict with the United States intensifies, with the country's supreme leader urging the government to address severe hardship while the president reports foreign trade has plummeted by 35 percent. The economic strain stems from a tightening U.S. sanctions campaign and a naval blockade of Iranian ports, even as diplomatic efforts to end the war continue and tensions persist over control of the strategic Strait of Hormuz.