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Iran’s rial hit a record low as U.N. sanctions loom over its nuclear program, with no deal in sight before a deadline.
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.
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.
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.
Despite a recent Egypt-mediated agreement to restart inspections, Iran’s parliament has suspended cooperation with the IAEA.
Without a resolution by the deadline, sanctions would automatically resume, freezing assets, blocking arms deals, and restricting missile development, further straining Iran’s economy.
Iran maintains its nuclear program is peaceful.
El rial iraní alcanzó un mínimo histórico a medida que las sanciones de la ONU se avecinan sobre su programa nuclear, sin un acuerdo a la vista antes de una fecha límite.