Sanctions and War Fuel Iran's Economic Downturn

Iran's rial hit 1.8M to $1.
Shaky ceasefire with U.S. and Israel.
War started Feb 28, straining economy.
American blockade intercepting oil shipments.
Rial weakened from 1.4M to 1.6M in a week.
Rial decline likely to increase inflation.
Decades of sanctions causing chronic inflation.
Official and market exchange rates gap widening.
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