Iran Warns of Economic Crisis as U.S. Pressure Tightens

Iran faces a dire economic crisis, security chief Mohsen Rezaei warned, The New York Times reported Oct. 4, 2026. The warning follows tightened U.S. sanctions — penalties limiting trade and money flows — and a naval blockade weeks earlier. This rare public admission likely aims to show Iranians and outsiders how severe Tehran says the pressure has become.