Finance

US Naval Blockade Pushes Iran’s Currency to Record Low

Iran’s currency has fallen in recent days to a fresh record low, in a sign the US’s naval blockade is squeezing the Islamic Republic’s economy.

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Bloomberg
April 29, 2026·1 min read
US Naval Blockade Pushes Iran’s Currency to Record Low

Image: Bloomberg

Iran’s currency has fallen in recent days to a fresh record low, in a sign the US’s naval blockade is squeezing the Islamic Republic’s economy.

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US Naval Blockade Pushes Iran’s Currency to Record Low

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