{
  "id": 4165039,
  "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",
  "topic": "world",
  "section": "World",
  "published": "2026-08-29T10:07:00.000Z",
  "source": {
    "name": "Middle East Eye",
    "slug": "middle-east-eye",
    "url": "https://www.middleeasteye.net/live-blog/live-blog-update/irans-pezeshkian-admits-us-sanctions-are-hurting-economy"
  },
  "original_language": "en",
  "account": null,
  "summary": "Iran's President Masoud Pezeshkian has acknowledged that US sanctions are negatively impacting the country's economy. According to Pezeshkian, foreign trade has decreased by nearly 35 percent due to the sanctions and a naval blockade of Iranian ports.\n\nThe economic challenges facing Iran are a result of the US sanctions, which have been compounded by a decline in oil sales. In June, Iran sold around 90 million barrels of oil as part of a short-lived agreement with the US that permitted Iranian oil sales.\n\nThe Iranian government has stated that addressing economic pressures caused by sanctions is a central focus, including managing markets, creating jobs, and reducing dependence on the dollar. The US has warned countries to cut business ties with Iran or face secondary sanctions, as part of its efforts to punish Iran financially.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "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": "Daily Times",
        "title": "Iran foreign trade falls 35% amid sanctions",
        "url": "https://urgent.news/2026/08/29/iran-foreign-trade-falls-35-amid-sanctions",
        "published": "2026-08-29T10:17:40.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Egypt's Banque Misr reviewing US Iran sanctions notice",
        "url": "https://urgent.news/2026/08/29/egypts-banque-misr-reviewing-us-iran-sanctions-notice",
        "published": "2026-08-29T11:28:34.000Z"
      },
      {
        "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."
}