{
  "id": 4164305,
  "title": "Iran foreign trade falls 35% amid sanctions",
  "url": "https://urgent.news/2026/08/29/iran-foreign-trade-falls-35-amid-sanctions",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-29T10:17:40.000Z",
  "source": {
    "name": "Daily Times",
    "slug": "daily-times",
    "url": "https://dailytimes.com.pk/1545199/iran-foreign-trade-falls-35-amid-sanctions/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Iran's foreign trade has declined by nearly 35% due to US sanctions and a naval blockade. According to Iranian President Masoud Pezeshkian, this decline is a result of reduced exports and imports. The economic pressure is mounting on Iran, with leaders calling for action to address the worsening economic hardships.\n\nThe Iranian government has made addressing economic pressures a central focus, including efforts to curb inflation, manage markets, create jobs, and direct investment towards domestic production. The US has stepped up efforts to punish Iran financially, with warnings to countries to cut business ties with Iran or face secondary sanctions.\n\nSix months into the conflict, negotiations between the US and Iran are at an impasse. The US Treasury Department has not imposed penalties against major Iranian trade partners, but has warned of an \"economic D-Day\". Iran's leaders have vowed to withstand US pressure and pursue diplomacy, while maintaining control over the strategic Strait of Hormuz.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "War weighs on Iran’s economy as US intensifies sanctions",
        "url": "https://urgent.news/2026/08/29/war-weighs-on-irans-economy-as-us-intensifies-sanctions-4088843",
        "published": "2026-08-29T02:06:32.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "War weighs on Iran's economy as US intensifies sanctions",
        "url": "https://urgent.news/2026/08/29/war-weighs-on-irans-economy-as-us-intensifies-sanctions",
        "published": "2026-08-29T02:46:36.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "War weighs on Iran’s economy as US intensifies sanctions",
        "url": "https://urgent.news/2026/08/29/war-weighs-on-irans-economy-as-us-intensifies-sanctions-4152485",
        "published": "2026-08-29T08:29:11.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Iran's Pezeshkian admits US sanctions are hurting economy",
        "url": "https://urgent.news/2026/08/29/irans-pezeshkian-admits-us-sanctions-are-hurting-economy",
        "published": "2026-08-29T10:07:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "War weighs on Iran's economy as US intensifies sanctions",
        "url": "https://urgent.news/2026/08/29/war-weighs-on-irans-economy-as-us-intensifies-sanctions-4186920",
        "published": "2026-08-29T12:02:00.000Z"
      },
      {
        "outlet": "The Times of Israel",
        "title": "Iran vows to stand firm against fresh sanctions and US-Israeli ‘conspiracies’",
        "url": "https://urgent.news/2026/08/29/iran-vows-to-stand-firm-against-fresh-sanctions-and-us-israeli",
        "published": "2026-08-29T12:14:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}