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Photo: Reuters, Arab networks

Iran's President Admits Economic Troubles Have Worsened

Golan Israel

By: Ben Gavish

Editor: Golan Israel

3 Elul 5786 (16.08.26)

In a rare admission, Iranian President Masoud Pezeshkian acknowledged his country's mounting economic difficulties, blaming U.S. pressure and disruptions in the Strait of Hormuz for crippling oil sales and government revenues.


Iranian President Masoud Pezeshkian made a rare admission about the fallout from recent conflicts with Israel and the United States, saying the country’s economic problems have worsened. According to the president, declining oil revenues, import difficulties, and damage to some production facilities have intensified economic troubles and pressure on the government.

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Photo: Shutterstock

“Goods that previously entered the country by sea now have to travel much longer distances to reach Iran, and this has raised their final price,” Pezeshkian said at a meeting with political party secretaries-general and activists. The president also pointed to falling government revenues, adding: “In the past we sold oil, but now we cannot. Some factories were damaged during the war, and the government not only cannot collect taxes from them, but must also provide them with financial support to continue their operations and maintain production.”

Regarding government tax revenues, the senior official said, “Some of our factories are facing difficulties, and tax revenues have also declined. Not only can we not collect taxes from these factories, but we must support them and help them get through these difficulties.” The president added that all of this was caused by “the enemy’s central plan to collapse Iran from within.”