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Masoud Pezeshkian Acknowledges Iranian Economic Challenges Amid New U.S. Sanctions

Iranian President Masoud Pezeshkian stated on Sunday that his country is currently facing numerous societal problems, including high inflation, unemployment, and livelihood issues. These comments were made in response to a new wave of sanctions launched by the United States aimed at isolating the Iranian economy and potentially causing the regime's collapse. President Masoud Pezeshkian emphasized that the Iranian government is striving to secure a future where citizens can live with dignity and pride. He defended a recent memorandum of understanding as a strategic move to move beyond a state of "neither war nor peace" without capitulating to external pressures. Simultaneously, the administration announced a new sanctions campaign to further pressure the administration's regional rivals. While Iran has responded by warning that any nation joining the U.S. economic war will be considered an enemy, Tehran remains focused on internal economic stabilization and discovering new resources, such as the 7.5 trillion cubic feet of gas discovered in the Fars Province.

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