Iran war news LIVE updates: Pezeshkian says Tehran adopted a new arrangement to counter US sanctions

Iranian President Masoud Pezeshkian has announced that Tehran has adopted a new arrangement to counter US sanctions and manage the country's "special conditions". According to Pezeshkian, the US has intensified its economic pressure and sanctions targeting Iran's financial networks, aiming to cut off the country's vital arteries and pressure the Iranian people. However, he claimed that with public support and government measures, the enemy has not been allowed to reach its aims in the economic war.

The Iranian rial has fallen to a new low, prompting the central bank to sell dollars to support it. Meanwhile, several Iranian prisoners held in the United Arab Emirates have been freed and are expected to return to Iran within hours, according to Iranian state media. The country is facing growing economic strain and fresh violence across the region, including attacks on oil tankers in the Strait of Hormuz and an Israeli air attack in Gaza City.

Pezeshkian stated that the pressure has increased, but the government has taken steps to mitigate its effects. The Strait of Hormuz is a key route for oil and cargo, including for India, which has expressed commitment to the safety of its seafarers after five Indian nationals were rescued in the area.

Brief written by urgent.news from Live Mint, The Indian Express, Middle East Eye — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.