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flag Iran’s rial hit a record low as U.N. sanctions loom over its nuclear program, with no deal in sight before a deadline.

flag Iran’s rial hit a record low of 1,074,000 to the U.S. dollar ahead of President Masoud Pezeshkian’s U.N. General Assembly speech on September 24, 2025, as the country faces potential reinstatement of U.N. sanctions over its nuclear program. flag Pezeshkian blamed the U.S. and Israel for a recent 12-day conflict that targeted Iranian sites and killed top officials, calling it a violation of international law. flag European nations have triggered a 30-day “snapback” mechanism to reinstate sanctions unless Iran resumes direct talks with the U.S., allows full IAEA inspections, and accounts for its enriched uranium stockpile. flag Despite a recent Egypt-mediated agreement to restart inspections, Iran’s parliament has suspended cooperation with the IAEA. flag Without a resolution by the deadline, sanctions would automatically resume, freezing assets, blocking arms deals, and restricting missile development, further straining Iran’s economy. flag Iran maintains its nuclear program is peaceful.

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