# Iran’s economy in crisis as US launches new sanctions campaign

https://mins.news/en/item/38711

- The Guardian, 2026-08-31 13:00 UTC
- Economy
- Original: https://www.theguardian.com/world/2026/aug/31/iran-economy-crisis-usa-launches-sanctions-inflation-trump

> Donald Trump’s “Operation Economic Outcast” is expected to deepen poverty in Iran, where food prices are soaring, the rial is collapsing and foreign-exchange reserves are scarce. Fuel shortages have closed petrol stations and created long queues, while families cut back on food, patch up clothing and delay medical care. Officials fear worsening conditions could trigger social chaos.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Exclusive: US naval blockade is paralysing daily life, Iranians tell Euronews](https://mins.news/en/item/38633) — euronews, 2026-08-31
- [BREAKING: Iran's supreme leader issues urgent plea in rare written message](https://mins.news/en/video/37637) — Fox News, 2026-08-30
- [War weighs on Iran’s economy as US intensifies sanctions](https://mins.news/en/item/36349) — Reuters, 2026-08-29